Advice firms take ‘leap of faith’ with flexible work weeks; Should super funds partner with financial planning firms?

Recognising the benefits of flexible work weeks on productivity, employee outcomes and engagement, two Australian advice firms have shared their successful trial stories with Money Management.

If super funds are to provide advice, they are encouraged to form agreements with external financial planning firms to expand their footprint beyond the major CBDs, according to Wealth Data.

Comprising both small and mega super funds, these 10 growth funds have managed to deliver returns over 7.5 per cent per annum consistently for the last decade, according to Chant West.

ASIC has acted against eight SMSF auditors for breaches of their obligations, bringing the total for the past year to 26.

T. Rowe Price remains neutral on Australia in its multi-asset portfolios as it believes there are still risks to its earnings outlook and further rate increases from the RBA.

Equity Trustees has been appointed as the superannuation trustee of the $1.8 billion Future Super fund.

Australia’s nascent tech sector was the leader in the last financial year while financials and materials, which make up half the ASX 200, saw slower returns.