CORONAVIRUS

Life/Risk

Despite rumours suggesting otherwise, the Financial Services Council says receiving the COVID-19 vaccine will not invalidate life insurance policies....

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Funds management

Investors should remain cautious about extrapolating short-term cyclical boosts into a presumption of a higher secular trend rate of growth or inflation, according to Wes...

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Policy & Regulation

Major financial services groups are urging the Government to provide incentives for people to top-up their superannuation but there are concerns that a lack of detailed r...

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Funds management

T. Rowe Price believes the speed of Australia’s economic recovery is being underestimated and is less dependent on the success of a vaccine....

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Superannuation

There were a further 21,000 superannuation members who applied for the early release of their super in the week before the scheme ended, with 31% representing repeat appl...

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Funds management

The State Street Investor Confidence index finished 2020 with an increase of 13.3 points in December, reaching the level of 104.1 from November’s revised reading of 90.8....

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Funds management

Investors should not forget that while there has been a rebound of the Chinese economy from the COVID-19 pandemic, it still has its risks of being an emerging market, deV...

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Funds management

As Moderna becomes the second firm to announce a successful COVID-19 vaccine trial, its shares have risen by more than 400% since the start of the year. ...

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Funds management

The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....

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Funds management

Fee waivers provided due to the COVID-19 pandemic, reduced transaction volumes due to the pandemic, along with increased expenses and credit impairment charges contribute...

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Superannuation

The COVID-19 early release superannuation scheme has forced people to choose between poverty now or poverty in retirement, the Australian Institute of Superannuation Trus...

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Superannuation

Median growth superannuation funds performed well in the September quarter thanks to strong international shares and have mostly recovered losses experienced in February ...

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Superannuation

Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....

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Superannuation

While the median balanced superannuation option returned 0.9% in July, funds are still down 1.2% over the 12 months to July, according to SuperRatings....

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Superannuation

The regulatory body will restart licensing activity for banks, insurers, and super funds with the first phase to start in September, 2020, and the second in March, 2021....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 day 17 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 day 18 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

2 days 17 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago