Following a ‘solid’ quarter for retail funds, new analysis suggests they are narrowing the five-year return gap with their industry super counterparts....
Super funds suffered the second-largest exodus of advisers last year amid the government’s decision to allow funds to expand their advisory powers....
Industry funds have vastly outpaced their retail fund counterparts, gaining $10 billion over the last 12 months. ...
Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....
Westpac has delayed its rate cut forecast, aligning with its peer NAB’s outlook on the likely trajectory for the Reserve Bank of Australia’s cash rate....
The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the way for problematic fu...
The proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remain...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...