FAAA appoints new marketing and communications manager

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The Financial Advice Association Australia (FAAA) has appointed Ben Rutherford to lead its marketing and communications team. Mr Rutherford has over 19 years of marketing experience in the entertainment, media,... Read more continue reading

Weekly economic and market update – week ending 9 July, 2023

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Investment markets and key developments Global share markets fell sharply over the last week on concerns that stronger than expected US economic data will result in higher for longer interest... Read more continue reading

Super funds end out financial year with strong June returns

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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

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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?

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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

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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

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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

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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

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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

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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