New APRA data confirm industry funds’ unlisted preference

New APRA data confirm industry funds’ unlisted preference

New, more detailed APRA data has confirmed the degree to which industry funds have allocated towards unlisted investments.
Changes to s99FA depend on Senate crossbench

Changes to s99FA depend on Senate crossbench

With the Government holding firm and the LNP dissenting, the future of advice fees paid from super depend on the Senate cross bench.
EOFY and negativity see adviser numbers fall further

EOFY and negativity see adviser numbers fall further

Negativity around adviser fees paid out of superannuation appears to have contributed to a further drop in numbers on the FAR.
Chantwest

Super returns set to end FY24 up 9%

Mike Taylor 21 June 2024

Superannuation

No Comments

Superannuation fund returns look set to end the current financial year up around 9% according to the latest analysis from Chant West.

Hands shake on green background

Investors welcome Govt’s Sustainable Finance Roadmap

Mike Taylor 21 June 2024

Funds Management

No Comments

Just a day after the Coalition declared its hand on nuclear, the Government released its Sustainable Finance Roadmap.

Novigi appointments

Iress supports female tech skills training with scholarship offers

Yasmine Raso 21 June 2024

Fintech

No Comments

Iress has inked a deal with Academy Xi to offer four female scholarships to develop skills for a successful career in the tech industry.

Crypto ETF Global X

‘High demand’ sees Global X slash fees on crypto ETFs

Patrick Buncsi 21 June 2024

Investment

No Comments

Global X ETFs has announced it will reduce annual management fees on its Australian-listed Bitcoin ETF and Ethereum ETF from next month.

Blue and red house figures sitting on stacks of coins

Mortgage arrears jump to new three-year high

Yasmine Raso 21 June 2024

Property

No Comments

New data from CoreLogic revealed mortgage arrears rose to 1.6 per cent in the 2024 March quarter, the highest reported figure since Q1 2021.

Australian Senate Chamber

ASIC admits consultation on super advice fees bill

Mike Taylor 20 June 2024

Financial Planning

10 Comments

ASIC has confirmed it was consulted by the Government on the bill covering the payment of superannuation advice fees.

Contradictory one way signs

AIOFP complains to Treasurer about Jones

Mike Taylor 20 June 2024

Financial Planning

7 Comments

The AIOFP has gone over the head of Financial Services Minister, Stephen Jones on superannuation advice fees legislation.


INDUSTRY NEWS

Member Satisfaction and The Value of People

Amelia King 5 June 2024

Industry News

No Comments

We’ve suggested before that member experience should be the next metric for measuring superannuation fund (super fund) performance, and recent data…

Looking for reliable income? Consider a multi-sector approach.

Financial Newswire Contributor 1 June 2024

Industry News

No Comments

Although fixed income markets enjoyed a strong rally over 2023, bond yields
remain at attractive levels, particularly across the key income generating

Will your clients’ retirement income last their lifetime?

Financial Newswire Contributor 29 May 2024

Industry News

No Comments

Zenith Investment Partners in conjunction with Andrew Lowe, Head of Technical Services, Challenger discusses in this video how guaranteed lifetime…

Introducing Auxilium, your tailored solution for empowering your client support with confidence.

Financial Newswire Contributor 6 May 2024

Industry News

No Comments

Our proprietary platform technology, developed in-house, is the cornerstone of Auxilium’s capabilities, supported by Fiducian’s extensive 25-years


Australian Senate Chamber

ASIC admits consultation on super advice fees bill

Mike Taylor 20 June 2024

Financial Planning

10 Comments

ASIC has confirmed it was consulted by the Government on the bill covering the payment of superannuation advice fees.

Contradictory one way signs

AIOFP complains to Treasurer about Jones

Mike Taylor 20 June 2024

Financial Planning

7 Comments

The AIOFP has gone over the head of Financial Services Minister, Stephen Jones on superannuation advice fees legislation.

Advice Operations Research Report happy adviser

Research reveals six ‘secret sauces’ of successful advice businesses

Patrick Buncsi 19 June 2024

Financial Planning

No Comments

Separating out practice managers from other key management functions is key to increasing advice firms’ profitability, new research confirms

Chantwest

Super returns set to end FY24 up 9%

Mike Taylor 21 June 2024

Superannuation

No Comments

Superannuation fund returns look set to end the current financial year up around 9% according to the latest analysis from Chant West.

Retirement calculator

Inflation crushing Generation X’s “retirement dreams”: Natixis IM

Yasmine Raso 20 June 2024

Superannuation

No Comments

New research from Natixis IM has revealed the retirement fears now plaguing Generation X are primarily driven by inflation and debt.

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APRA warns smaller super funds on unlisted asset valuations

Mike Taylor 19 June 2024

Superannuation

5 Comments

APRA has sent a letter to superannuation fund trustees pointing to continuing shortcomings with respect to revaluing unlisted assets.

Crypto ETF Global X

‘High demand’ sees Global X slash fees on crypto ETFs

Patrick Buncsi 21 June 2024

Investment

No Comments

Global X ETFs has announced it will reduce annual management fees on its Australian-listed Bitcoin ETF and Ethereum ETF from next month.

Super gender gap

Time for investment teams to invest in women: Future IM/Pact

Yasmine Raso 20 June 2024

Investment

One Comment

A new report from Future IM/Pact suggested gender parity in investment teams could be achieved by 2030 with a talent pipeline and support.

Figures avoid potholes

RBA confirms fourth-straight rate hold for the year

Yasmine Raso 18 June 2024

Investment

No Comments

The RBA has left the market unsurprised to keep the official cash rate at 4.35 per cent for the fourth consecutive time.