Super funds end out financial year with strong June returns

From

Equity markets remained strong over June with the superannuation industry closing out the year with returns that more than made up for last year’s losses. Leading superannuation research house SuperRatings... Read more continue reading

BlackRock Australia announces fee updates on two iShares ETFs – GLIN and GLPR

From

BlackRock Australia has announced it has lowered the fees on the following two iShares ETFs effective immediately on July 6, 2023. The fee reduction coincides with both funds receiving a... Read more continue reading

2022-23 saw investment returns rebound – but is it sustainable?

From

Key points After the rough ride of 2021-22, 2022-23 turned out to be a good one for investors as shares rebounded thanks to falling inflation and hopes rates are near... Read more continue reading

RBA “skips” July but future meetings remain “live” and Fed FOMC June meeting minutes

From

After having increased the policy rate at both the May and June meetings, the Reserve Bank of Australia (RBA) Board decided to leave the policy rate unchanged at 4.1 per... Read more continue reading

Ignition Advice appoints new chief platform & technology officer

From

Ignition Advice, a global leader in digital advice technology for institutions, has appointed Mr Enda Mahoney to the newly-created role of chief platform and technology officer, further strengthening its global executive... Read more continue reading

FAAA Congress theme is financial planning profession ‘growing together’ as one

From

The Financial Advice Association Australia (FAAA) Congress in Adelaide from 20 to 22 November will be its first as a unified professional body. Under the theme, ‘Grow together’, the congress will... Read more continue reading

ASIC acts to ensure better banking outcomes for Indigenous consumers

From

An ASIC review has found that some individuals in high-fee transaction accounts, including First Nations people, are paying up to $3000 in overdraw fees over a year. Banks need to... Read more continue reading

Bentham promotes Larry Francis to Wholesale Distribution Manager for NSW and QLD

From

Bentham Asset Management, a leading specialist global fixed interest and credit investment manager, has promoted Larry Francis to Wholesale Distribution Manager for NSW and Queensland. Mr Francis, with over seven... Read more continue reading

Findex bolsters talent with new metro and regional Partners announced across ANZ 

From

Findex Group Limited (“Findex”) one of Australasia’s largest privately-owned providers of integrated financial advisory and accounting services, has announced new Partner and Associate Partner promotions across both metro and regional Australian and New... Read more continue reading

DDO phase 2 – adviser compliance ‘need to know’

From

From a consumer protection perspective, the Design and Distribution Obligations (DDO) regime, which came into effect in October 2021, represents one of the most significant regulatory reforms of recent years.... Read more continue reading