Netwealth’s belated decision to make First Guardian consumers whole offers an opportunity for the superannuation sector to ...
Netwealth’s belated decision to make First Guardian consumers whole offers an opportunity for the superannuation sector to avoid descending into a partisan conflict between profit-to-member funds and ...
In 2025, the institutional investment sector was rocked by admin growing pains in super and the collapse of the Shield and First Guardian investment schemes. But the year also saw funds take the world ...
Netwealth will pay the 1000 First Guardian investors on its platform more than $100 million in compensation after admitting that it contravened the Corporations Act. Similar to Macquarie’s agreement ...
The message from ASIC and APRA at the Retirement Leaders Summit in Canberra on 13 August was clear: super funds are not treating their Retirement Income Covenant obligations with the urgency the ...
All of the heat and energy in retirement policy has been focused on financial advice, with the long-awaited Delivering Better Financial Outcomes (DBFO) legislation and, to a lesser extent, Treasury’s ...
A balanced portfolio currently has 5 per cent sitting in cash which the client wants deployed to either equities or credit. That was the hypothetical scenario that advisers, researchers and asset ...
Senior superannuation fund executives must now learn to separate the AI reality from the hype that currently surrounds it or run the risk of committing capital to big projects that don’t achieve ...
Technology delivery in financial services is changing fast. In less than two years, generative AI has gone from one big experiment to enterprise adoption. It can now be seen helping teams produce ...
What comes next is weak economies and tough policy choices. Going back before going forward, in 2020-21, aggressively applied ...
Twin peaks. Front-loading of rate hikes to higher peaks means recession is coming If history is a guide, we will see a peak ...
The Australian government announced the “Your Future, Your Super” (YFYS) reform package in the 2020-21 Budget, with the YFYS ...