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HNWIs set to increase real estate exposure

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... estate over the next 18 months. From the family offices surveyed its evident investors are increasingly conscious that they can now acquire assets at an attractive entry point off the back of the downturn and with strong prospects of cyclical recovery ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... at the beginning. And they have probably spent too long putting it off and not trusting their employees with its use, but now they have a much bigger task ahead of them to start using it." Kollo said because everyone has a different level of understanding ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
... was around £300 when the initial rebrand was announced in 2021. Chief executive Jason Windsor said he feels the group can now move forward without distraction. "I think it's safe to say that the way that we presented the brand has been a bit of ...

Former AMP licensees rebranded as Akumin

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
... go-forward name of its NewCo subsidiary, home to all the financial advice brands previously owned by AMP. The business will now be known as Akumin, "inspired by the professional judgement, discernment and acumen of the experienced people across our network." ...

REITs to finally see 'watershed' moment: Research

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
... aggregated basis, all other sectors saw values bounce off troughs," Morgan Stanley said. "It's worth pointing out that it is now 2.5 years since what the property industry would have considered as peak valuation/trough cap rates - mid-2022 - following ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end of the ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... from a slightly lower base. But the tide is turning - coverage through superannuation has edged up, with 8.1 million lives now protected, up from 7.6 million. APRA data shows group cover through superannuation led to $1.7 billion in death benefits and ...

Younger women embrace geared strategies: Data

MATTHEW WAI  |  TUESDAY, 4 MAR 2025
... the past six years. The number of geared investors rose from 84,000 in 2023 to 100,000 in 2024, with pre-retirees (55-64) now making up 12% (up from 7%) and retirees (65+) accounting for 8% (up from 6%). However, despite the growth, the margin lending ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... practice, propensity to purchase additional services and somewhat the level of interest they would provide to the adviser. Now the fees clients pay is far more important than it has been historically," Centurion said. Multiples for a transaction are ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... offering - Clime Private Wealth (CPW) and MTIS Wealth Management are in the process of fully integrating with CPW Queensland now being fully consolidated. This business unit has some $950 million in funds under advice. Clime managing director Michael ...