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18 September, 2020 |
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Latest News |
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Sponsored Content | Increase confidence in retirement | This stochastic modelling tool offers a realistic understanding of the level of income retirees can sustainably withdraw. |
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Industry News | Median balanced fund up 1.8% in August | While recovery momentum helped bolster account balances in August, the second half of 2020 will be dependent on COVID-19 infection rates and the gradual easing of restrictions across the country, according to SuperRatings. |
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Industry News | Medium-term outlook for consumer demand remains positive | Despite the challenging period and first recession in Australia in 30 years, consumer spending, particularly in categories such as furniture, home improvement and electronics, has been strong, according to Auscap Asset Management. |
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Industry News | Generation takes 37% of Lonsec | Investment group Generation Development Group has picked up a key 37% stake in research and ratings house, Lonsec. |
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Industry News | Netwealth partners with Xeppo | Netwealth has formed a strategic partnership with specialist fintech data solutions provider Xeppo and will purchase an initial 25% equity stake. |
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Industry News | CountPlus’ member firm completes acquisition | CountPlus member firm AdviceCo has announced it has completed a tuck-in acquisition of the accounting revenues of Arch Capital under the CountPlus ‘owner-driver, partner’ model. |
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Outsiders |
Money Management Original | Has Harvey gained a ticket for World Travel? | Outsider confesses that a number of years ago he, or someone purporting to be him, described Equity Trustees’ somewhat peripatetic Harvey Kalman as “Harvey World Travel”. |
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Money Management Original | ASIC happy to help the watchdog watching ASIC | Outsider feels sure that financial advisers will be heartened by the news that the Australian Securities and Investments Commission has 2,237 employees and that over the next four years it intends investing in its people and their capability at all the regulator’s offices across Australia. |
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Money Management Original | Pulling on the gloves for a sucker punch | Outsider was somewhat amused when a little-known Queensland Liberal National Party backbencher decided to take on two former first-graders – former Labor Prime Ministers Paul Keating and Kevin Rudd – on the question of superannuation policy. |
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