Young Australians want and need more financial education

financial-education/Griffith-University/financial-literacy/

| By Rhea Nath |

With the average person seeking out financial advice only after they’ve had a poor experience, it’s crucial to ensure a solid financial base from a young age, according to this Griffith academic.

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financial education

Griffith University

financial literacy

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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Former BT investment head joins Mercer wealth team

BT/mercer/

| By Rhea Nath |

People & Products

John Allmey, former head of investment specialists at BT, will become a strategic relationship leader for wealth management at Mercer following the sale of BT Investment Solutions and Advance Asset Management.

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mercer

AUTHOR

Rhea Nath

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CBA wealth and advice exec joins Allianz Australia

CBA/ANZ-Wealth/Allianz-australia/

| By Rhea Nath |

People & Products

Shez Ford, former wealth and advice executive at CBA, has moved over to Allianz Australia as chief general manager, consumer.

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CBA

ANZ Wealth

Allianz australia

AUTHOR

Rhea Nath

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Advice fees rise 40 per cent in five years

Adviser-Ratings/advice-fees/fees/

| By Laura Dew |

Financial planning

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.

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Adviser Ratings

advice fees

fees

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Inflation puts young Australians on edge

finder/inflation/cost-of-living/

| By Rhea Nath |

Financial planning

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.

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finder

inflation

cost of living

AUTHOR

Rhea Nath

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BT and Striver collaborate on new adviser talent program

striver/BT/new-entrants/financial-advice/

| By Rhea Nath |

People & Products

With over 20 events to take place across Australia, the newly launched program aimed to attract and develop the next generation of financial advisers.

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striver

new entrants

financial advice

AUTHOR

Rhea Nath

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Grattan Institute’s bold reforms to boost revenue

Grattan-Institute/federal-budget/Parliament/taxes/

| By Laura Dew |

Policy & Regulation

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.

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AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Investors shun equity funds with $500m outflows

Calastone/fund-flows/equities/australian-equities/

| By Laura Dew |

Funds management

Equity funds saw outflows of more than $500 million in the first quarter of 2023, the highest proportion since the start of the pandemic.

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AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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AI presents greater threat than climate change: Alphinity

artificial-intelligence/

| By Laura Dew |

Funds management

Any problems with the growth of artificial intelligence could present a greater threat to humanity than climate change, according to Alphinity.

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artificial intelligence

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

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Gender diversity on boards tracking well: AICD

AICD/gender-diversity/board-of-directors/

| By Rhea Nath |

People & Products

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.

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AICD

gender diversity

board of directors

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Young Australians want and need more financial education

AUTHOR

Rhea Nath

Rhea 's social profiles:

Former BT investment head joins Mercer wealth team

AUTHOR

Rhea Nath

Rhea 's social profiles:

CBA wealth and advice exec joins Allianz Australia

AUTHOR

Rhea Nath

Rhea 's social profiles:

Advice fees rise 40 per cent in five years

AUTHOR

Laura Dew

Laura 's social profiles:

Inflation puts young Australians on edge

AUTHOR

Rhea Nath

Rhea 's social profiles:

BT and Striver collaborate on new adviser talent program

AUTHOR

Rhea Nath

Rhea 's social profiles:

Grattan Institute’s bold reforms to boost revenue

AUTHOR

Laura Dew

Laura 's social profiles:

Investors shun equity funds with $500m outflows

AUTHOR

Laura Dew

Laura 's social profiles:

AI presents greater threat than climate change: Alphinity

AUTHOR

Laura Dew

Laura 's social profiles:

Gender diversity on boards tracking well: AICD

AUTHOR

Rhea Nath

Rhea 's social profiles:

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