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AI could see emerging markets flourish: Experts

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
... Seven," Grana said. "Most of [those companies'] supply chain is in emerging markets. The kinds of structural stories that people get excited about in developed markets resonate equally in emerging markets too." The statement is echoed by Varun Laijawalla ...

Vote for Financial Standard in Australian Financial Industry Awards

STAFF WRITER  |  WEDNESDAY, 11 SEP 2024
Financial Standard is a finalist in the Australian Financial Industry Awards 2024, and we'd love to have your support. Fresh from winning Financial Services Publication of the Year at the recent Impact Awards, Financial Standard has been nominated ...

Australians rank seventh globally for retirement confidence

MATTHEW WAI  |  WEDNESDAY, 11 SEP 2024
... that $1 million of savings is not sufficient to afford retirement. Further, 62% of Australians over 70 years (1.7 million people) do not have any superannuation, and nearly half (47%) of the entire population think "it's going to take a miracle to retire ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... said the association fully supports the ban. "Australia's life insurers have never wanted to do anything to discourage people from taking genetic tests and accessing the information they need to make informed choices about their health," she said. ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... ensuring that the retirement savings of Australians are protected from the whims of ideology and providing certainty to people who have worked so hard to set money aside," Delahunty said. She said key design elements, especially preservation, have been ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... he joined abrdn, particularly as someone whose actions evidence he cares deeply about our clients and customers and our people. I very much look forward to working with him as our new chief executive," he said. Windsor said: "I see significant headroom ...

Hostplus launches digital advice platform

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
... financial advice has been delivered traditionally helping to meet the advice needs of more Australians." Willmer noted that people with simple advice needs often face challenges accessing help due to cost barriers or the limited availability of self-guided ...

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... their predictions because the landscape has changed since the pandemic. "Australia's population growth went up by 650,000 people last year. That had massive implications for infrastructure projects, the pipeline of work that had to be done in infrastructure ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... chief strategy officer, Kathleen Crawford will continue as chief operating officer, and Robyn Judd will stay on as chief people officer.

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... government will provide more help for renters, pensioners and reduce the cost of medicines for all. "We recognise that people are under the pump and we're doing something about it," Treasurer Jim Chalmers said. "We're already rolling out tax cuts for ...