| | WEDNESDAY, 17 JAN 2018 12:56PMThe growth in Australia's high-net-worth sector is outpacing superannuation on two key fronts, according to Rainmaker research.|
|Australian retail magnate and pre-eminent philanthropic figure Sir Frank Lowy is selling the Westfield retail empire he co-founded to a Parisian commercial property company.|
|Encouraging clients to engage in philanthropic activities in the lead up to Christmas can assist financial advisers in strengthening the advice relationship, according to Australian Unity Trustees.|
|Nineteen Financial Planning Association members from across Australia completed a grueling seven-day, 726-kilometre fundraising ride in Hobart last week in the lead up to the 2017 FPA Professionals Congress and to help those in need.|
|The 12 months to mid-2017 saw the number of Australian millionaires rise by 200,000 - the third-largest increase after the US and Germany.|
|Socially mindful and environmentally conscious millennials are driving a shift in how the ultra-wealthy manage their money as family offices set to ramp up allocation towards impact investing, according to latest research.|
|Australian private and family business owners are about twice as likely to sell than hand over the reins to the next generation when compared to the global average, a report by PwC Australia found.|
|High-net-worth individuals could soon turn to Apple, Google, Amazon and Facebook for wealth management needs according to latest research from Capgemini.|
|An IOOF subsidiary entered into a historic partnership with one of the world's leading global private foundations, which has been in operation for more than a century.|
|Asia-Pacific family offices have recorded strong performance off the back of developed-market equities and private equity, according to latest research.|
Australians are increasingly relying on the internet and digital devices to purchase life insurance instead of financial advisers, a new study from NobleOak shows.
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now?
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Vivek Ahuja, portfolio manager for the Templeton Global Macro team, believes fixed income portfolios with allocations too close to core indices become vulnerable to rising interest rates, especially in ...
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