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| | | Experienced financial advisers that have yet to gain a bachelor's degree or equivalent are caught in the middle of a political maelstrom promising an easier education pathway. With both major parties announcing significant changes to adviser qualifications ... |
| | | | The Morrison government is seeking public feedback on regulatory frameworks for automated decision making (ADM) and artificial intelligence (AI). Minister for superannuation, financial services and the digital economy Jane Hume said it's estimated that ... |
| | | | The number of financial advisers is close to dipping below the 17,000 mark as more than 700 recently exited the industry. As of March 17, the ASIC Financial Adviser Register recorded 17,246 active advisers, Rainmaker modelling of the data reveals. On ... |
| | | | S&P Dow Jones Indices SPIVA Australia Scorecard has revealed just over half of Australian equities funds beat their benchmarks last year, with active funds underperforming. Last year, just over half of Australian funds in the Equity General and Equity ... |
| | | | We've only seen the start of consolidation in superannuation, with mergers to accelerate, according to a new survey from J.P. Morgan. J.P. Morgan's inaugural Future of Superannuation Report interviewed 12 super fund leaders, who collectively manage ... |
| | | | Industry fund Hostplus has committed to net zero by 2050, in line with Australia's commitment to the Paris Agreement. "Climate change represents a significant financial risk to global markets and economies over the longer term. We have a responsibility ... |
| | | | To meet growing demand for sustainable investment options, Mirova is partnering with Macquarie Asset Management. The partnership will see the Mirova Global Sustainable Equity Fund distributed via the Macquarie Professional Series, expanding Mirova's ... |
| | | | A Bennelong small-caps fund outperformed the index nearly fourfold over the last three years, an analysis of the sector shows. The Bennelong Funds Management Emerging Companies Fund returned 40.4% p.a., Rainmaker's research on the wholesale funds ... |
| | | | Hostplus and Statewide Super will merge next month to create an $83 billion fund. The merger, which was originally slated for April 1, will now take place on April 29, Statewide Super said in an update to members. Following the combination, Hostplus ... |
| | | | One of the 13 super funds to fail last year's performance test is going to halve its percentage-based administration fee, a move expected to cement it as one of the cheapest MySuper products on offer. AMG Super will reduce the percentage-based component ... |
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