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| | The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ... |
| | | Seven years on from its launch, Spaceship Super is being merged into a larger offering. Following a due diligence process, Spaceship's trustee Diversa has chosen to undertake a successor fund transfer that will see Spaceship become a sub-plan of ... |
| | | The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ... |
| | | Advisers using intelliflo now have access to cashflow modelling tools for SMSF clients. A new update to its intelliflo office software includes detailed cashflow inputs, projections, and outputs within its cashflow modelling for clients SMSFs, or who ... |
| | | After more than a decade in business, UniSuper has dropped TAL as its group insurer. The $135 billion superannuation fund has called time on its relationship with TAL, which began in November 2013. Effective June 1, MetLife will serve as group insurer ... |
| | | The annual list of the world's most innovative wealthtech companies was recently released, with several Australian firms making the cut. Iress, GBST, Practifi, Lumiant, and Ignition Advice were all on the list, which was selected by a panel of industry ... |
| | | ... great passion for work was driven by his love for his beautiful family, his wife Kylie and son's Nicholas, Harrison, William, and Oliver, he leaves a huge gap that will never be covered." Others are remembering McGauley - who was affectionately known ... |
| | | Lanterne Fund Services was issued a $1.25 million penalty by the Federal Court for failing to comply with basic obligations, including operating with almost no compliance staff or risk management processes. In July 2022, ASIC issued civil penalty proceedings ... |
| | | The Federal Court ordered Prospero Markets to be wound up following an application by the corporate regulator. ASIC has been investigating Prospero Markets for non-compliance with its AFSL conditions and obligations as an OTC derivatives issuer. The ... |
| | | Janus Henderson is making its Global Multi-Strategy Fund available to institutional investors in New Zealand. The fund, which targets a positive absolute return regardless of the market environment, will be New Zealand (NZD) denominated to help protect ... |
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