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BGL expands product range overseas

KARREN VERGARA  |  TUESDAY, 13 APR 2021
Accounting and self-managed superannuation fund software provider BGL is launching one of its products in Singapore. BGL's CAS 360, a company compliance and trust management software solution, has launched a beta version for Singapore-based clients. ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
Australia's listed property sector continues to languish from the effects of the global pandemic, slumping 14% compared to its pre-COVID-19 performance. Rainmaker's Wholesale Managed Funds Performance Report found that equities delivered a mixed ...

ASX200 needs executive equality: ACSI

ANNABELLE DICKSON  |  MONDAY, 8 MAR 2021
The boards of the ASX200 are tracking towards gender equality, but female representation is still lacking in executive roles, according to new research. The latest analysis by the Australian Council of Superannuation Investors (ACSI) showed women now ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
Financial advisers will now need prior written consent each year from clients before deducting fees, while funds from Eligible Rollover Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the ...

How to attract high net worth clients

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
The latest Netwealth The Advisable Australian report has revealed the attitudes of potential financial advice clients when it comes to brand affinity, finding that higher incomes bring higher expectations. The report found that increased household income ...

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
Online searches for 'financial advice' by Australians increased by 18% last year to 14,800 in average monthly searches compared to 2019, according to Allan Gray research on search and engagement trends. Average monthly searches for 'financial advice' ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
The High Court has affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. In a decision handed down today, the High Court of Australia dismissed Westpac's appeal, determining the ...

Super fund ESG targets lack clarity: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021
Superannuation funds need to set clear, transparent emissions reduction targets for their investment portfolios that are based on metrics that can be compared across the industry, according to recommendations from the Australasian Centre for Corporate ...

RARE Infrastructure rebrands

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
RARE Infrastructure will rebrand to ClearBridge Investments in the first quarter of 2021. RARE managing director Nick Langley said while the name is changing, the manager's approach to infrastructure investing remains unchanged. "Asset management ...

LaSalle appoints new APAC chief

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... the role for 14 years and will transition to chair until at least June 2021. In the new role Gabbay will report to Jones Lang LaSalle chief executive Christian Ulbrich. Gabbay joined LaSalle in 2010 as chief investment officer for Asia Pacific and was ...