The Property Funds Association of Australia (PFA) is pleased to announce the appointment of Jason Huljich as its new President. The PFA is a professional body for the unlisted property sector which exists to provide direct property investors and managers with an organisation to represent their interests, promote their industry and provide a forum for [...]
continue readingSpecialist investment research house Lonsec says advisers and investment managers need to review existing attitudes to retirement planning if they are to effectively meet the financial needs of the steadily ageing cohort of baby boomers. This was the message conveyed to the more than 500 Lonsec subscribers attending the recent Lonsec Adviser Roadshow held in [...]
continue readingOn 1 July 2013, the compulsory super guarantee charge (SGC) rate will increase from 9 to 9.25 per cent but many Australians may not have thought about how it’s being funded, says the Institute of Public Accountants (IPA). If you think the Government is paying, think again. There may have been a misunderstanding, that when [...]
continue readingRussell Investments is predicting a major step-change in the way Australian institutions approach their investment challenges in the coming decade – forecasting a flood of demand for outcome oriented, multi-asset investment solutions. Russell’s Asia-Pacific Chief Executive Alan Schoenheimer said Australian institutional and adviser clients were rethinking their strategic approach in the wake of the GFC [...]
continue readingHumble Financial Services has announced their solution partnership with Nimble. Nimble is a Social Business Platform that combines relationship management and social engagement into an affordable web-based solution. It integrates LinkedIn, Facebook, Twitter, Google, email contacts and conversations into one seamless, intuitive environment, empowering small businesses in today’s socially connected world to attract and retain [...]
continue readingAn exclusive arrangement between the BlackRock exchange traded funds (ETF) business, iShares, and newly launched online community for investors, SelfWealth, will enable self-directed investors to view and follow portfolios created by investment professionals. This includes model portfolios that contain iShares’ market-leading range of ASX-listed ETFs, which will now be accessible to the SelfWealth online investment [...]
continue readingLocal Government Super has announced the appointment of Bruce Miller as the Chair of its Board, replacing John Beacroft following his two-year term. Mr Miller brings extensive local government and financial management experience to the position, having been a Councillor at Cowra Shire Council for 22 years, including 14 years as Mayor. He is also [...]
continue readingBT Super for Life has launched a new online superannuation search, which allows new BT Super for Life customers to find their old superannuation accounts and combine them as part of their application – with only a couple of clicks. BT General Manager of Superannuation, Deanne Stewart, said Australians have an average of 2.4 superannuation [...]
continue readingLife insurer TAL (formerly TOWER Australia) Chair Rob Thomas announced today the resignation of Elana Rubin from the TAL Board of Directors, effective immediately. Elana Rubin has been a TAL director since 2007 and has been the Chair of the Investment Committee and a member of the Technology and Innovation Committee. During that period [...]
continue readingBlueMountain Capital Management, a private investment firm with more than $14.5 billion in assets under management, has won its first mandate in Australia. MLC, one of the country’s leading asset and wealth management firms, will invest into its flagship vehicle, the BlueMountain Credit Alternatives (BMCA) Fund. This will be held within MLC’s Low Correlation Strategy, [...]
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