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| | | ... Challenger Index Plus sales jumped 41% to $629 million. "With APRA's new capital standards for insurers of longevity products now set, we are turning to the implementation, which will deliver an immediate and material reduction in shareholder risk, support ... |
| | | | Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment, which will help to secure more "two-way" investment in jobs and industries, as well as strong returns for investors for both ... |
| | | | ... after nearly 11 years. The K2 Australian Small Cap Hedge Fund Complex ETF (ASX: KSM) is winding down with the last trading day set for May 15. Incepted on 15 Dec 2015, the ETF had about $9.09 million in assets. At the end of December, the fund's portfolio ... |
| | | | A new report reveals the strength of Australia's private credit sector compared to global markets, which is attracting substantial offshore capital, particularly from high-net-worth individuals, family offices and insurance companies. This is according ... |
| | | | ... when eligible. Under the proposal, all APRA-regulated super funds would be required to offer members aged 65 and over a pre-set account-based pension, a new income product 'MyIncome'. Members would be free to choose if they want to accept the ... |
| | | | A new standard from the Financial Services Council aims to strengthen governance practices across superannuation platforms, including limiting unadvised members to simpler investments, enhancing due diligence of options, and greater oversight of advisers ... |
| | | | Depending on the type of business they want to do, financial advisers looking to inorganically grow their client base will have to pay slightly more for a book now, but valuations have stalled overall, according to Radar Results. In its latest price ... |
| | | | HESTA has appointed Robbie Campo as its new chief executive, set to take the reins from the outgoing Debby Blakey in August. Campo has served as chief executive of ESSSuper for around four years. Prior to that she led Cbus' brand, engagement, advocacy ... |
| | | | ... deployed into the market." Unwin says it's unlikely the great pile of cash will be deployed this year as firms need to set "realistic expectations". Being selective For Australian Retirement Trust (ART) general manager, growth assets Elizabeth Kumaru ... |
| | | | ... $70,398 or approximately $1350 per week in the same category. Mannix said the higher prices reflect the "reality of living" on a set amount of money for the rest of their lives. "The dollar value of a lump sum when you retire can seem like a lot of money ... |
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