| | FRIDAY, 13 MAR 2020 2:53PMThere's now an index that tracks the value of collectable Hermes bags and they returned 13% in 2019, beating annual returns of other collectables like cars, jewellery, art and rare whisky.|
|Sydney is more expensive than Dubai and has the world's priciest business class flights but best-value luxury shopping, says a new report.|
|In a research note sent to clients, Morgan Stanley Wealth Management's Nathan Lim shared the four Australian ETFs the firm prefers over the rest.|
|Jeff Chapman, whose net worth is pegged at more than $800mn, speaks to Financial Standard about his family office investments including Bennelong Funds Management, and generosity.|
|The world is only six years away from welcoming its first trillionaire, according to a new study that looked at the private wealth of the world's richest denizens.|
|A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion.|
|Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.|
|Myer Foundation and the Australian Government's Clean Energy Finance Corporation are among the early investors in a global manager's new Aussie equities strategy.|
|Mining magnate Andrew Forrest and wife Nicola have donated $655 million to their philanthropic foundation.|
|The Sydney boutique has partnered with an advisory firm to launch a new fund that will invest in Asian credit.|
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Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
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Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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