A leading fund manager says the structural deflation that made Australians real estate millionaires is over and investors should get ready for a decade of little to no capital growth in housing.
AIA Australia has taken the next step in its pursuit of healthier, longer, better lives for all Australians, with the launch of the new Healthier Life Reward as part of its retail insurance offering.
Around 100,000 AustralianSuper members could receive refunds as the fund sets aside $70 million after a processing failure regarding multiple member accounts.
Since 11 March 2020, the financial services ombudsman has registered over 17,000 COVID-related complaints relating to banking, insurance and other financial services.
New data has explored the most popular holdings of over 1,000 millionaire investors on the SelfWealth platform, with almost a third being held in self-managed superannuation funds.
As the industry awaits government action on Michelle Levy’s recommendations, one big question looms: Why are so few Australians getting financial advice?
