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12 March 2020 • By Sarah Kendell • 1 min read

Asset Allocation Week wrap-up: Be cautious and selective to weather the storm

Following our discussions with fund managers this week, it’s clear that caution and being selective about what and where you invest is key to ...

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Trump stimulus backfires

President Donald Trump’s announcement of a $50 billion stimulus package has backfired to spectacular effect, essentially ending an 11-year bull market

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Wealth manager lowers fees on key product

A major wealth manager will lower fees for its super and pension product and launch a new core investment list. MLC’s new core investment list will ...

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Actuaries body picks 2020 president

The industry association has elected a KPMG actuarial and financial risk partner as its new president for the coming year. Hoa Bui has taken the ...

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Life insurer founding chief to retire

The founding chief executive of a life insurance provider has indicated he will retire in mid-2020, after 40 years in financial services

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Government launches virus stimulus

The government’s multibillion-dollar stimulus package will keep “Australians in jobs and businesses in business” as the coronavirus begins to impact ...

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Big four chair brings retirement forward

The chairman of a big four bank is now set to retire at the end of the month. Lindsay Maxsted, chairman of Westpac, will retire from the board on ...

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Trading platform makes senior appointment

An online trading platform has made a senior appointment as the platform sees strong growth among the financial adviser community. Desktop Broker ...

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Domestic to global small and mid cap switch can yield results

Australians are overweight a number of over-hyped names in the domestic small cap space and may want to consider switching some of their allocation to ...

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ASIC wins appeal against CEO

The High Court has ruled in favour of ASIC in its case against the former CEO and executive director of MFS Ltd.  The High Court found that Michael ...

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