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| | | It's not just Australia that is dealing with an aging population, in fact the World Health Organisation estimates by 2030, one in six people will be aged 60 years or over. At that time the share of the population aged 60 years and over will increase ... |
| | | | The Council of Australian Life Insurers (CALI) said it will argue a strong case for exemption for life insurance lead generation to not be swept up into a blanket ban designed to address misconduct in other parts of the financial system. The government ... |
| | | | Australian Retirement Trust (ART) has invested more than $14 million in Queensland-based aerospace company Gilmour Space Technologies, backing the state's growing space sector through a co-investment with QIC. ART chief executive Kathy Vincent said ... |
| | | | Count Financial has reportedly wound up its restricted self-managed superannuation fund (SMSF)/limited-advice service, losing some 26 advisers on the Financial Adviser Register (FAR), latest data shows. Padua WealthData's weekly adviser update shows ... |
| | | | Perpetual has agreed to acquire a 70% stake in loan servicing technology provider Interfi Systems. Perpetual said the acquisition will strengthen the digital capabilities of its Corporate Trust business while continuing to reduce debt. The ASX-listed ... |
| | | | First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis. Michael McQueen is joining the industry fund on July 1, coming from Prime Super where he was the general ... |
| | | | M&G Investments, a global asset manager with £371.4 billion ($768.8bn) in assets under management, has appointed Cameron Sinclair as head of institutional distribution in Australia. Sinclair will be tasked with strengthening M&G's relationships across ... |
| | | | After failing to scale, Invesco's True Balance Fund and Trinetra Investment Management's emerging markets strategy are set to wind up. The multi-asset Invesco True Balance Fund, which had about $37.5 million in assets, will terminate on June 4. Application ... |
| | | | Pengana Capital Group says it has already raised $150 million for a yet-to-list fund that targets private companies in the artificial intelligence (AI) space. The cornerstone funding round raised $150 million, exceeding the initial target amount of ... |
| | | | Oxford Economics has hypothesised an extreme scenario of "zero migration" globally and found while destination economies, mostly advanced, would see significant declines in output per capita, origin economies would have modest gains as retained labour ... |
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