Industry fund launches SMSF product

Industry superannuation fund Hostplus is making a play for self-managed super fund business, offering access to assets “ordinarily unavailable to retail investors.” In what is claimed to be a first for the…

Financial planning divestments pick up pace

Less than a week after Commonwealth Bank announced the sale of Count Financial Planning, MyState has revealed plans to plans to get out of the personal financial planning business. The acquirers, CountPlus…

People: Frontier bulks up its consulting team

ANZ New Zealand chief executive David Hisco has left the company after a review of his personal expenses. He had held the position since 2010 and has been with ANZ for over…

Taking ESG beyond impact investing

For fixed-income investors, understanding environmental, social and governance (ESG) factors – as they are financially material to performance – has proven to be critical in assessing an issuer’s fundamental quality. In our…

The future of insurance is insurtech

The insurtech sector has grown by 53 per cent in the last year due to internationally founded insurtechs entering the market, accounting for 30 per cent of the ecosystem. according to the…

Inactive super account deadline looms

The Australian Taxation Office has issued an alert to superannuation fund trustees that they need to identify inactive low-balance accounts and be ready to report account details to the ATO. Tax office…

Today’s Best Videos 

Fewer Australians debt free at retirement

The number of Australians going into retirement with mortgage debt is rising rapidly, according to new research. Rachel Ong ViforJ, a professor of economics at Curtin University, and Gavin Wood, emeritus professor of housing at RMIT University, analysed data from…

Into the great unknown: Protecting Your Super

A surprisingly high proportion of inactive super fund members are opting to keep their insurance, as the Protecting Your Super reforms approach. The chief operating officer of NGS Super, Angie Mastrippolito, says the fund is looking at a 20 per…

Taking a different approach to equity release

Property fund manager DomaCom has entered the home equity release market with a product based on a shared equity structure, as an alternative to the standard loan structure of a reverse mortgage. Under the terms of Senior Equity Release, a…

People: SuperConcepts continues to restructure

SuperConcepts’ chief executive Lara Bourguignon is continuing with her leadership renewal as the company has announced two appointments. SuperConcepts’ national sales manager, Annette Sheppard has been promoted to the role of general manager of growth. She has over 13 years’…

Getting the SG settings right

Variations in personal circumstances show that a uniform rate of SG cannot be effective in targeting adequacy for all. However, we must choose a suitable rate – one that provides adequacy for most while not being excessively generous to too…

Legg Mason & BetaShares launch active EM ETF

Legg Mason and BetaShares have launched the fourth active ETF through their strategic partnership- an emerging markets equity fund. The BetaShares Legg Mason Emerging Markets Fund provides investors with access to the superior growth potential offered by emerging market equities.…

AFCA to name institutions in determinations

In a significant departure from the practices of its predecessor organisations, the Australian Financial Complaints Authority plans to identify financial institutions in its published decisions. AFCA has released a consultation paper and draft rules setting out its plan, which it…