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| | | State Street Global Advisors (SSGA) is the largest asset management firm in Australia by locally sourced assets under management (AUM) - by some margin - though few realise. With nearly $500 billion in local assets under its watch, mostly via institutional ... |
| | | | ... new written consent which also covers the period where fees were taken out despite the deficient fee consent form. If this isn't done by September 5, the recipient must not accept further fees, ASIC said. However, relying on it does not prevent the OFA ... |
| | | | HESTA has completed the transition of its member administration services to GROW Inc, restoring online services after a seven-week disruption to transactions and app access. HESTA, which has over one million members, said this marked the end of one ... |
| | | | The dust has barely settled on the merger that created CareSuper as it is today and chief executive Jason Murray is gearing up for another in mere months - but he's not looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised ... |
| | | | ... investment performance is the primary factor investors identified when selecting their primary wealth manager, the report noted it "isn't a realistic differentiating factor." Instead, firms should focus on inhibiting and taking advantage of switching ... |
| | | | As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ... |
| | | | ... advice dilemma. "The massive task of building an impactful, thriving advice profession, including replenishing adviser numbers, isn't only the job of politicians and policy makers," he said. "It requires a multi-faceted approach and greater investment ... |
| | | | Appearing at the Stockbrokers and Investment Advisers Association's (SIAA) conference this week, Otivo chair Ian Knox discussed the shifting nature of Australia's wealth management industry, saying he's never seen it look so good - but it ... |
| | | | J.P. Morgan Asset Management has slashed the probability of a recession eventuating in 2025 in half to 30% amid relief from the latest tariff announcements, but it warns risks remain elevated. Last week, US President Donald Trump substantially lowered ... |
| | | | ... has stagnated in the past decade. It's now at its lowest ebb in 60 years," PC chair Danielle Wood said. "Productivity growth isn't about working harder. And it's not just about having more 'stuff'. It means making the most of what we have - the skills ... |
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