Been wondering how everyone is going with their moolah?
/Discover some of the clues regarding how Australians' financial lives are panning out in real life.
Read MoreAsia-Pacific now has more HNWI than North America, but how to lure?
/Asia-Pacific now has the most high-net-worth individuals in the world, with the most wealth amongst them. The 20th World Wealth Report explains how to get new clients that fit into this group.
Read MoreFund Product, Company, and Regulatory Updates as at 5 July 2016
/- BetaShares launching global sector ETFs locally
- REI Super goes public
- MyLifeMyMoney (Catholic Super) merges with Transcomm Credit Union
- Investec invests in Wholesale Investors
- Contango divests funds management arm
- XTrade forced to change client money handling
- Etern Wisdom Global, Ergo Capital, and Advamode AFSLs cancelled
- Macquarie Bank's AFSL conditions dropped
- ASIC commences proceedings against Macquarie IM
- Macquarie Securities (Australia) adds to Macquarie woes with contraventions
Fund People as at 5 July 2016
/- EQT appoints new MD
- SMSF Association adds head of technical
- Mercer restructure
- Cbus appoints senior equities research analyst, more hires
- Bennelong appoints non-executive director
- AMP appoints new chair, other new appointments to come
- HFA CFO quits after a month
- VicSuper loses its CIO
How financial services affects society: a study about technology-driven innovation
/A research report has been recently published by the World Economic Forum on the impact of financial services technology-driven innovations on society.
Read MoreIndigenous males as bad off in retirement as non-indigenous females
/The CSIRO and Australian university research cluster has published a short working paper on retirement outcomes for Indigenous men and women compared to non-Indigenous men and women.
Read MoreFund Product, Company, and Regulatory Updates as at 21 June 2016
/- Suncorp launches online-only super product
- QSuper and LGIAsuper membership now open to the public
- OneVue intending to merge with Diversa
- RBF-TAS and Tasplan merger approved
- ASIC and Singapore sign agreement
- ASIC warning
- Best interests duty enacted
- Civil penalty proceedings commenced against NAB
Fund People as at 21 June 2016
/- CFSGAM appoints senior portfolio manager
- ANZ appoints CCO
- Energy Super appoints three new managers
- AMP Capital appoints NZ fixed income co-head, head of industrial
- CBA appoints director
- Equity Trustees appoints new senior manager
- LUCRF Super appoints new employer representative director
- Suncorp CEO resigns
- PIMCO restructure results in retrenchment
REST survey shows young people mixed up about their financial future
/A recent survey has proved what we know to be true: younger people have dreams of home-ownership, but rising costs are thwarting their progress.
Read MoreYoungsters more likely to invest, more optimistic - MLC wealth sentiment survey
/The latest Wealth Sentiments survey results are out, showing us a sentiment comparisons between quarters.
Read MoreAustralia up one place in World Competitiveness ranking to 17
/Australia is doing all right, despite the overall core economic indicators staying the same.
Read MoreFund Product, Company, and Regulatory Updates as at 7 June 2016
/- Elston and Superfund Partners Launch SMSF App
- TMK Index Limited AFSL Cancelled
- ASIC Launches Corporate Governance Resource
Fund People as at 7 June 2016
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- IOOF Appoints Direct Equities Head, Two New Research Managers
- IFM Appoints Global Head of Investor Relations
- CFSGAM: Two New Executives
- Suncorp Appoints CIO
- BTIM Appoints Head of Group Finance
- REST Industry Super GM of Investments Resigns
- BOQ Director Resigns
- Platypus Asset Management CIO Resigns
- ANZ Appoints CFO
Many mothers fare poorly in retirement after raising a family
/Australian mums are the worst off financially in retirement, frequently being financially supported by their children.
Read MoreUnder-40s more likely to seek professional advice - Legg Mason 2016 Global Investment Survey
/A recent survey has found the differing attitudes towards financial advice by those under and over age 40.
Read MoreWhy it matters what gender your clients are
/Anyone who's ever been stressed about money knows just how bad it can be, but those facts are now enshrined in empirical data. A new white paper discusses financial literacy and the impact on our health, giving advisers tips on how to manage client differences.
Read MoreFund People as at 24 May 2016
/- LGS appoints head of advice
- Aus Ethical appoints portfolio manager
- MLC appoints head of private equity
- ClearView Wealth board changes
- HESTA analyst wins ESG award
- IOSCO loses Greg Medcraft
Fund Product, Company, and Regulatory Updates as at 24 May 2016
/- PIMCO launches fixed income fund
- Mortgage Choice launches '95% accurate' retirement income calculator
- HSBC to review and remediate after 'deficient advice' concerns
- First State Super buys StatePlus from State Super
- QSuper launches insurance company
- Credit Suisse pays penalty for breach
- Marigold Falconer AFSL suspended
- New tax rules on property sales over $2m
March global long-term inflows 10x February's - Global FlowWatch - March 2016
/All major investment classes saw net inflows in March, with bond products doing the best with about US$67 billion.
Read MoreASIC to offer fintech startups a sandbox to play in first
/ASIC's Innovation Hub is to offer fintech startups even more assistance by giving them a safe place to play. That is, a regulatory sandbox exemption to test out new ideas without the repercussions of a fully-fledged business.
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