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| | | New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ... |
| | | | Invest Blue and Russel Investments have partnered to launch a new managed portfolio through AMP's MyNorth platform. AMP said the Cornerstone Managed Portfolios was created to respond to increased adviser and investor demand for transparent, personalised ... |
| | | | The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ... |
| | | | ... when cost is factored in, preference for limited advice markedly increases," Investment Trends senior analyst King Loong Choi said. The majority of potential clients (61%) said they are open to upgrading to comprehensive advice over time, he added. The ... |
| | | | Digital innovation could be the answer to tackling product-choice confusion and reducing red tape in the financial advice sector, according to an academic. Pamela Hanrahan, a lawyer and professor at University to New South Wales Business School, told ... |
| | | | The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ... |
| | | | Following its acquisition of MLC and decision to restructure its licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition. Revealing the next phase of its Advice 2.0 strategy today, IOOF has restructured ... |
| | | | UniSuper and AustralianSuper have come out on top of the leaderboard for personal and workplace superannuation over the longer term but couldn't keep up in the last 12 months, according to the latest figures from Rainmaker Information. UniSuper's default ... |
| | | | Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ... |
| | | | IOOF posted a net profit of $147 million for FY20, while also announcing a range of changes to its advice businesses as part of its advice transformation. IOOF announced its Bridges business will be transformed into a fully salaried network, while it ... |
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