CFOs increasingly driving digital transformation in Australian businesses

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Sage, the market leader in cloud business management solutions, has today released new research CFO 3.0 – digital transformation beyond financial management highlighting the impact of digital transformation on Australia’s mid-sized companies. The whitepaper highlights that while cloud adoption is high in Australia, CFOs are not fully leveraging the capabilities of financial management technology. As […]

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White Paper calls for new approach to retirement planning

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The financial advice landscape has changed dramatically in recent years, particularly in relation to the stated requirement for advice to address likely future needs (see FASEA Code of Ethics, Standard 6). Nowhere is this more compelling than in retirement planning. The changing regulatory environment has combined with increasing longevity and frailty issues to raise the […]

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Actuaries Institute tackles challenges facing private health insurance

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Australia has one of the world’s best health care systems but high out-of-pocket costs, decreasing health insurance affordability, and a lack of transparency around specialists’ fees and patient outcomes are undermining the current system. Yesterday, the Actuaries Institute launched a Green Paper, How to Make Private Health Insurance Healthier. The Institute identifies several major opportunities […]

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Paying just 1% more in fees could slash your investment by 26%

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New research from digital wealth provider InvestSMART is putting the spotlight on the devastating effect high fees and costs can have on investor nest eggs. Data modelling in InvestSMART’s new paper, How fees can destroy your wealth, shows someone who had invested $100,000 in Australian shares over the 30 years to June 2018 at a fee […]

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In divorce or separation…the financial adviser should be the 2nd call made

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Regrettably, for all their best intentions, a great number of marriages and relationships end in divorce or separation and the ramifications on personal finances are often immense said Cardena Private Wealth (Cardena) Director Iain Reid. It was for this reason that the boutique wealth management and advisory firm recently released a white paper ‘Dealing with the […]

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The advice business of the future: scale, through collectives

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Running an advice business will become increasingly challenging in the future, unless they can gain the necessary advantages of scale, while avoiding the issues identified by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, according to a new whitepaper from Fortnum Private Wealth. According to the Fortnum whitepaper, The Advice […]

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Small changes can deliver big budget savings and better outcomes for those on social security

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Moderate changes to Australia’s social support programs could deliver better outcomes for those receiving assistance and result in billions of dollars in budget savings, according to a paper published by actuary Hugh Miller. For each vulnerable individual, social service spending across welfare, housing, health care, justice and child protection can easily amount to $500,000 to […]

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Managed accounts market to almost double in two years – technology to drive innovation

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The managed accounts segment is on the cusp of a revolution in managed portfolio design and functionality, says leading wealth management platform HUB24 (ASX: HUB). The $60 billion already invested in managed accounts is forecast to grow at 40% a year for at least the next two years, taking the managed account industry to more […]

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One in two employees want financial wellbeing assistance from employers

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One in two (58 percent) employees state they want their employers to provide financial wellbeing tools, but only 14 percent of employers currently provide them, according to Map My Plan, a fintech firm which improves the financial fitness of Australians. In its Financial Stress in the Australian Workplace (the Insight Paper), released yesterday, Map My Plan revealed […]

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Australian Private Debt – Accessing the Growing Opportunity

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“Institutional investor appetite for alternative defensive allocations continues to grow” according to Revolution Asset Management’s CIO and veteran investment manager, Bob Sahota. In what is perceived as a late market cycle environment via record ‘covenant-lite’ and unsecured debt issuance in the US and Europe, senior secured private debt in Australia and New Zealand continues to […]

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