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Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... advisers. "The number of Australians with complex financial advice needs will grow by 70% to 7.2 million consumers over the next 25 years, and the regulatory framework for consumers choosing their own superannuation and investment arrangements needs ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... liabilities, or withdrawing funds from their bank accounts. The proceedings regarding the interim orders have been adjourned to next week. Hewish, on his social media, describes himself as a professional stock and real estate investor and speculator ...

Most Australians proactively retire: Research

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... wellbeing in our golden years. The findings demonstrate that feeling empowered to choose when and how you step into this next phase of life results in a healthier transition and greater retirement happiness, retirement adjustment, and satisfaction," ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... be $400 million. Barings project director Stephen O'Connor said the recently approved master-planned estate represents the next generation of industrial development. "We're delighted to be out breaking ground and commencing works on the Access Logistics ...

BlackRock bolsters suite of SMAs

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... BlackRock Australasia head of multi-asset investment strategy Katie Petering said the launch of the portfolios was a natural next step. "These Active Model Portfolios are designed to give Australian investors access to BlackRock's global, institutional-quality ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... this morning. Discussing the Liberal Party's plans for the financial services industry should it form government at the next election, Howarth said, in one of his first major public addresses since being reshuffled by opposition leader Peter Dutton ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... necessarily on the cards. "The data reiterates our view that the interest rates are restrictive enough in Australia, and the next move by the RBA could very likely be a cut in November 2024," Bhimavarapu said. "We think a rate hike at this stage is less ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... of the participants agree that demand for this sector will be determined investors rather than political pressure in the next two to five years. Also in the spotlight is AI, with the majority of the participants agreeing that the technology has yet to ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... discuss intergenerational wealth matters. An estimated $3.5 trillion is set to be transferred by Australians aged 60+ in the next two decades, with 90% of all intergenerational wealth transfers are occurring through death inheritance. "This latest research ...