FPA working with unis to provide better financial advisory education
/The three states that don't currently provide financial planning courses or education at university level are now in talks to solve the issue.
Read MoreTaking issue with insurance within super - how it's not working as well as it might
/We take a quick look at what some are saying about how insurance within super should change.
Read MoreATO forcing employers to be SuperStream compliant from Oct 28
/As of October 28, all superannuation contributions to funds - including SMSFs - must be done electronically.
Read More2016/17 retirees don't have enough to retire on
/Recent Roy Morgan research has shown that while many 60-somethings are intending on retiring in the coming year, their average super account balance is only $300,000 - not enough.
Read MoreFund People as at 27 September 2016
/- REST appoints new GM of investments
- Super SA appoints two new board members
- Suncorp executive appointments
- Perpetual appoints new executive director
- First Super appoints co-chair
- Cbus appoints investment manager
- BTIM appoints group executive, international
- Bankwest MD resigns
- Australian Hedge Fund Awards
Fund Product, Company, and Regulatory Updates as at 27 September 2016
/- Legg Mason launch macro bond fund
- BetaShares launches Cybersecurity ETF
- Zurich acquisition of Macquarie approved
- IRESS acquires Financial Synergy super software provider
- Westpac changes staff incentives structure
- Vision Super divests three more carbon companies
- TA Associates to buy Aus Goldman Sachs Asset Management
- Westpac refunds $9.2m in fees
- CBA pays $180,000 in penalties for unlawful/inappropriate overdrafts
US$87bn net flows - Global FlowWatch July 2016 Results
/Long-term mutual funds attract over three times the June result. Bond products gathered US$82 billion in net subscriptions.
Read MoreUS Monthly Fund Highlights - August 2016
/Net new flows totalled US$28.2bn billion, with active and passive strategies experiencing divergent trends.
Read MoreThe corporate psychopath - how many do you have leading your company?
/Since the GFC, the term 'successful psychopath' has entered the mainstream. Recent research has revealed that there are as many diagnosable psychopaths in the corporate world as there are in prison.
Read MoreGot something to say about FOS? Review under way, comments open
/The FOS has opened up its email inbox to comments as it undergoes dispute resolution review, along with two related organisations.
Read MoreMulti-asset begin to shift to absolute return, increasing demand on ESG - Global Fund Insights
/Amid economic and political uncertainties, long-term mutual fund flows globally slowed down, only achieving about 20% of the net flows garnered during the same period last year.
Read MoreFund Product, Company, and Regulatory Updates as at 13 September 2016
/- First truly digital bond trading solution launched
- Energy Super's new digital advice service live
- Shareclarity enters Aussie market
Bonds ruling on inflows in Asia too - Asia FlowWatch - July 2016 Results
/Long-term Asian funds saw net inflows of US$15bn, with bond funds leading.
Read MoreBond funds see most new money - Europe FlowWatch July 2016 Results
/July saw investor deposits of €35 billion into long-term funds, with bond products the most popular.
Read MoreNo royal commission into life insurance and financial services
/Bill Shorten wants a royal commission into the financial services industry, saying that not enough is being done and the 'rip-offs' continue.
Read MoreHow investors decide what to invest in by age and wealth
/A research project has examined at what stages we invest in different vehicles, and potentially why this is the case.
Read MoreHey, big spender! How retirees spend money reanalysed
/New analysis by ACFS of HILDA data shows us we've been wrong on a few occasions when making assumptions based on retiree data averages.
Read MoreFund People as at 30 August 2016
/- LGS appoints new board member
- MLC appoints strategic product manager
- Shaw and Partners restructure with co-chief appointments
- Cbus to substantially boost investment team
Fund Product, Company, and Regulatory Updates as at 30 August 2016
/- Sequoia launches two new funds: electric cars and batteries
- EGFM launches unlisted real estate fund
- CFS launches Challenger's CarePlus annuity
- Henderson launches emerging markets fund
- Empirics data collaboration with super funds
- ANZ Wealth developing new model portfolios for retirees with Mercer
- Schroders launches ASX-quoted managed fund
- AMP Capital to liquidate AGF portfolio
- Cbus to take 20pc of assets in-house
- Goldman Sachs closing Australian transition management business
- BT winds up alternatives fund
- Macquarie IM penalised over van Eyk fund
- Ostrava, Marigold Falconer AFSLs cancelled, companies wound up
Retirees still like income over lump sum
/New data from the ABS shows retirees are increasingly receiving income streams from their superannuation rather than lump sums.
Read More