AMP and AFL Players’ Association extend superannuation partnership

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AMP and the AFL Players’ Association (AFLPA) has announced an extension of their 20-year partnership to provide AFL players with default superannuation. The re-appointment follows a comprehensive review process commissioned by the AFLPA and AFL, conducted by independent consultants. AMP Australia Chief Executive Alex Wade said he was delighted to be continuing AMP’s long-term partnership […]

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Colonial First State data reveals financial adviser hot topics

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CFS’ team of technical superannuation experts is helping ensure advisers are ready to help members, for whom early access under the Government’s package will provide much needed funds to help cover many of life’s essential costs. Data from enquires made by financial advisers to Colonial First State (CFS) during March and April showed a high […]

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Income returns – the increasing importance of capital structures

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In the current market, many income investments are no longer offering the safe haven and downside protection they once did. Investors, of all sorts, need to revisit and better understand where investments sit in the capital structure and the role they can, and sometimes can’t, play in portfolios today. Andrew Lockhart, Managing Partner at Australia’s […]

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T. Rowe Price to lower fees for flagship Global Equity Fund

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T. Rowe Price has announced a lower local fee structure for its flagship Australian Unit Trust (AUT) – Global Equity Fund (I Class), ahead of the local regulatory change to phase out conflicted grandfathered remuneration. Effective on 1 July 2020, the management fee for the T. Rowe Price Global Equity AUT Fund will move from […]

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ETF market records third best quarter on record amid COVID chaos

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The Australian Exchange Traded Fund (ETF) market weathered the storm in the first quarter of 2020, attracting a total of $3.8b in new inflows, making it the third strongest quarter on record according to latest figures from the ASX and Vanguard.  Despite COVID-19 causing uncertainty and unprecedented market volatility in the latter half of the […]

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New appointee to Household Capital board

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Household Capital, an independent, specialist retirement funding provider has announced that entrepreneur and technology specialist Danny Gorog will join its board of directors. Danny specialises in the development of mobile apps and digital platforms, as well as providing strategic advice to businesses. He is a founder, investor and currently CEO of Snap Send Solve, a […]

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OnMarket expands into Queensland, says scale-ups underserved

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One of Australia’s largest capital raising platforms OnMarket, expanded their operation into Queensland. OnMarket has hired Anthony Owen, who is well known in the Brisbane start-up environment as a founder and CEO of several start-ups over the past 20 years. From raising start-up capital, series seed through to IPO, Anthony has grown companies, and expanded […]

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Insight Investment joins ASX mFund platform

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Insight Investment, a leading global asset manager, has announced the addition of its Insight Diversified Inflation Plus Fund (the Fund) on to ASX’s mFund service (ASX code: IIM01).  This is an important step in Insight Australia’s goal of providing access to the fund via all major investment platforms. The Fund uses a global multi-asset approach […]

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WealthO2 launches digital meeting tool for advisers in response to COVID-19 demand

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Recognising the increased need – in the wake of COVID-19 – for advisers and their clients to meet digitally, WealthO2 has launched a new feature on its investor client portal to better facilitate digital meeting appointments. “WealthO2 is an advice-led solution, so listening and responding to advisers’ needs is our focus,” says Shannon Bernasconi, WealthO2 […]

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State Super welcomes back investment professional to Board

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Ms Lisbeth Rasmussen has been announced as the newest director on the SAS Trustee Corporation Board (State Super). State Super Chair Mr Nicholas Johnson said: “Lisbeth Rasmussen is an outstanding investment industry professional. She has been appointed after an extensive search and competitive selection process in which I was closely involved. I am confident that […]

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