AMP Limited has developed some significant momentum in the platform space but Morningstar says it needs to spend to maintain its growth.
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.
The Actuaries Institute is canvassing a default-style MySuper approach to retirement incomes via a MyIncome product effective from age 65.
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.
Rest Super has appointed Darran Arnott as its General Manager, Digital, as it seeks to deepen online engagement with two million members.
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Esencia Wealth has announced its expansion into Queensland, merging with two advice firms and adding 300 clients to its growing portfolio.
AMP Limited is reinforcing the importance of growing its wealth business while reporting solid inflows to its managed portfolios.
First it was the platforms, now insurance platform NEOS Protection has moved to close new business access to InterPrac advisers.
A Senate inquiry has renewed calls from the SMC over an ‘outdated’ law excluding part-time domestic workers from earning guaranteed super.
Industry funds stalwart, Robbie Campo, has been named as replacing Debby Blaky as HESTA CEO, departing her role at ESSSuper.
Major superannuation fund REST is urging that the Govt approves a data sharing framework between super funds and Government agencies.
Betashares has pointed to a direct correlation between governments raising defence budgets and defence ETFs’ surging FUM in the last year.
Investors willing to look beyond the currently prevailing volatility will likely find opportunities in significantly mis-priced global REITs.
LGT Capital Partners analysts have urged central banks to withhold rate hike, noting stagflation caused by Iran war is likely temporary.
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