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Advisers urged to capitalise on HNW interest in alternatives

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... client seeking out their own investment opportunities which they may or may not discuss with you," the report said. "Importantly, it also offers the opportunity to provide education and support on a topic that is becoming increasingly of interest to ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... culture that is anchored to our purpose, while also embracing elements of innovative thinking and management agility. Importantly, we have also significantly enhanced AMP's risk culture in recent years, giving us a strong foundation from which to ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... in the Federal Court of Australia against both NGS Crypto and NGS Group in order to protect its Trademark, and most importantly, its members." "NGS Super is not involved in selling cryptocurrency or crypto related products including but not limited to ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... with AFCA. We would much rather they come to AFCA after they have engaged in the trustees' IDR process." More importantly, members who come straight to AFCA do so "because the consumer has lost trust in the trustee and is unwilling to let the trustee ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... Australia, the UK and New Zealand to the team. "He has an established track record in fixed-income investing and, importantly, in managing a small team as a business. He is a great addition to IAM as we mark our entry into the WA market," she said. Also ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... reduced retirement savings, ultimately placing a greater burden on taxpayers. "The Objective of Superannuation will importantly benefit and support superannuation members, and support policymakers to make decisions that deliver good outcomes for super ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... Reserve Bank, NAB, AIA, MinterEllison and VFMC - and are perfectly placed to help drive our strategic direction. "Importantly, in addition to their outstanding professional competencies, each of our new executive team members brings with them strong ...

Former Schroders chief joins private markets firm

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
... added that he wanted to work in a business that had a platform to leverage the growth in private markets and, most importantly, offer investors quality, hard-to-access portfolio solutions. "I am very pleased to be joining the Spire Capital team and contributing ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... borrowers for the kinds of long-term, predictable financing solutions that we have built our reputation on in the US. Importantly, our operational infrastructure is already in place given our existing commercial real estate business in Australia." PGIM ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... wealth and scope to contribute to the costs of their aged care can do so," ASFA chief executive Mary Delahunty said. "Importantly, the taskforce has ruled out ringfencing part of individuals' superannuation for aged care, which is entirely appropriate ...
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