News Article
Women managing money...
George Soros and Warren Buffet are most often named as role models for young recruits in financial services. But for young women entering the industry, female role models are few and far between. “76% of investment managers are white men, and most of those are private school educated” says Yolanda Beattie, Diversity and Inclusion Practice Leader at Mercer.
Millennials and Finance...
Millennials are now the world’s number one source of income, spending and wealth creation. But how well do we really know the generation born between the years of about 1980 and 2000? And are our services up to scratch for this enormous (and enormously crucial) demographic? Many of us are aware of their unprecedented technological adoption in a broad sense.
Choice and competition
We wanted to get some independent research to add to the public debate – so we engaged the competition policy experts.
Life Code regime commences
The Life Insurance Code of Practice demonstrates the life insurance industry’s commitment to improving standards and strengthening consumer protections.
New Kids on the Block
When some new kids on the block – not a Windsor knot to be seen – enter the superannuation sector with some brazen new marketing, all on social media, it’s pretty arresting.
Fund managers for millennials
Australia’s housing affordability crisis and a new report revealing investors aged under 35 are more risk averse than their baby boomer counterparts could be giving clues about the next big trend in the investing habits of millennials - and it proves they can have their smashed avocado and eat it too!
Impact Investing in Australia
Impact investing is a unique and innovative method of both social service provision and investing – involving Government, investors and the not-for-profit sector working together for a dual purpose. The most pressing social and environmental issues cannot be solved by the public sector alone, hence the need for institutional investors to invest capital, while the need for solutions grows. While the current impact investing market in Australia is small, it has great potential to transform into an asset class with attractive rates of return for 'traditional’ or 'mainstream’ investors.
PC interim submission
The Productivity Commission’s (PC) interim report is an important step towards introducing genuine competition in the default superannuation market. The Financial Services Council (FSC) recognises the principle that competition policy is in the best interests of consumers is at the core of each of the four models proposed by the Commission. The evidence is clear; competitive markets drive prices lower, improves service quality and encourages product innovation.
PC must be alert to political interference in default super
The Productivity Commission’s (PC) interim report is an important step towards introducing genuine competition in the default superannuation market. The Financial Services Council (FSC) recognises the principle that competition policy is in the best interests of consumers is at the core of each of the four models proposed by the Commission. The evidence is clear; competitive markets drive prices lower, improves service quality and encourages product innovation.