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Last Updated: Wednesday, 9th April, 5:25AM
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![]() | Soaring Popularity of Managed Accounts Among Australian Advisers Tue, 08 Apr: Since 2015, BlackRock has witnessed a marked transformation in the Australian financial advisory landscape with the increased incorporation of managed accounts. Originally capturing a mere 4% of new client investments and holding $10 billion in funds under management (FUM), managed accounts today represent 25% of net client flows, with total FUM expanding to $205 billion across over a thousand options. - read more
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![]() | APRA Urged to Tackle Growing Cyber Threats to Superannuation Funds Tue, 08 Apr: The Australian Prudential Regulation Authority (APRA), the regulatory body overseeing Australia’s superannuation industry, has yet to publicly react to a series of cyberattacks targeting major super funds. The cyber incursions affected prominent institutions like AustralianSuper, Hostplus, and Australian Retirement Trust, among others. Given recent precedents, industry stakeholders anticipate that APRA may soon introduce additional license conditions to address perceived vulnerabilities. - read more
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![]() | WT Financial and Merchant Wealth Unveil Hubco Merger Tue, 08 Apr: In a bold step forward, WT Financial Group and Merchant Wealth Partners have initiated their strategic partnership by merging three distinct financial advisory firms into one unified entity, under the provisional name Hubco. This move follows closely on the heels of their recently announced joint venture aimed at fostering 'entrepreneurial' financial advisory practices. - read more
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![]() | Strata Properties in Australia Reach $1.4 Trillion in Value Tue, 08 Apr: The insured value of strata properties across Australia has soared to an estimated $1.4 trillion, according to a recent industry report. This significant figure highlights the growing importance of the strata sector, which now encompasses properties worth $486 billion in New South Wales, $471 billion in Victoria, $245 billion in Queensland, and $112 billion in Western Australia. South Australia, the Australian Capital Territory, Tasmania, and the Northern Territory round out the country's strata market. - read more
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![]() | Family Planning: Exploring Life Insurance Options for New Parents Stepping into parenthood comes with a myriad of responsibilities, one of which includes securing your family's financial future. Life insurance serves as a financial cornerstone for young professionals who are navigating the complexities of family planning. Recognizing the significance of the role insurance plays can empower new parents to make informed decisions that corroborate their family's safety and well-being. - read more
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![]() | Double your Home Loan Deposit in half the time Saving is never an easy thing to do and saving for a deposit on a home is twice as hard. However, with the right strategy in place, your savings can grow and grow, cutting the waiting time to your own home in half. - read more
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![]() | Preparing for the Worst: Developing a Comprehensive Disaster Response Plan for Your Farm As a farmer, you know that unexpected events can have a significant impact on your farm and your livelihood. Natural disasters, such as floods, fires, droughts, and storms, can occur at any time and have devastating consequences. That's why it's crucial to have a comprehensive disaster response plan in place to protect your property, assets, and, most importantly, your loved ones and livestock. - read more
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![]() | Claims Made Simple: What to Expect When Filing Hotel Insurance Claims Running a hotel is a complex operation that involves many moving parts. From welcoming guests to maintaining the property, there's a lot to manage. One critical aspect that often flies under the radar is hotel insurance. This form of insurance plays a crucial role in safeguarding your business from unforeseen events that could disrupt operations or impact your financial health. Whether it's damage from natural disasters or unexpected liabilities, insurance is your safety net. - read more
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