Financial advice fees have risen by close to 40 per cent over the last five years and the majority of advisers expect to hike fees further in the coming years, according to research.
As younger Australians navigate their first period of rising inflation, almost half of Gen Z say they are unprepared and ill-equipped to make financial decisions amid the rising cost of living, according to Finder.
With over 20 events to take place across Australia, the newly launched program aimed to attract and develop the next generation of financial advisers.
Redesigning the Stage 3 tax cuts and increasing the age to access super by five years are among the suggestions from the Grattan Institute to boost revenue.
Equity funds saw outflows of more than $500 million in the first quarter of 2023, the highest proportion since the start of the pandemic.
Any problems with the growth of artificial intelligence could present a greater threat to humanity than climate change, according to Alphinity.
Women’s representation on boards stood at 36 per cent in the ASX 200 and 35.5 per cent in the ASX 300 at the end of February, according to AICD’s latest gender diversity report.
GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance.
Data from think tank the Australia Institute has found massive disparity among income earners, with the bottom 90 per cent of Australians receiving just 7 per cent of economic growth per person since 2009.
The recent write-off of Credit Suisse’s AT1 capital notes has made the asset class more lucrative for investors, according to Robeco.
