Gold’s recent correction has proven that while the ‘safe haven’ isn’t immune to volatility, it remains well supported by its fundamentals.
Iress has made its retirement income solution, developed in partnership with Challenger, available to financial advisers on Xplan.
HSBC says Australian economy will face a “tough” several months as stagflation looms amid an already challenging backdrop.
ASIC has confirmed to a Senate Committee that when a financial product fails it doesn’t just blame the product manufacturer.
Research and ratings house Morningstar has issued a pragmatic assessment of Netwealth and the increasing regulatory costs facing platforms.
Abu Dhabi-based PE firm, Axight, has acquired a minority stake in La Trobe Financial off remaining majority owner, Brookfield.
AMP Limited has developed some significant momentum in the platform space but Morningstar says it needs to spend to maintain its growth.
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Eight further advisers have exited InterPrac as financial adviser numbers rebounded this week after the exodus from the SMSF Adviser Network.
The Financial Services Council has moved ahead of the Govt’s consultation processes by releasing a new industry standard for platforms.
Esencia Wealth has announced its expansion into Queensland, merging with two advice firms and adding 300 clients to its growing portfolio.
The Actuaries Institute is canvassing a default-style MySuper approach to retirement incomes via a MyIncome product effective from age 65.
Rest Super has appointed Darran Arnott as its General Manager, Digital, as it seeks to deepen online engagement with two million members.
A Senate inquiry has renewed calls from the SMC over an ‘outdated’ law excluding part-time domestic workers from earning guaranteed super.
Datt Capital’s Emanuel Datt says Australia is likely to pursue a more balanced approach between imports and domestic production over time.
Janus Henderson has appointed BNP Paribas as its core banking and fund-servicing partner across selected Asia-Pacific and European markets.
Betashares has pointed to a direct correlation between governments raising defence budgets and defence ETFs’ surging FUM in the last year.
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