News Article

Consultation paper released for proposed model for a Modern Slavery in Supply Chains Reporting...

Servicing the financial needs of Australians beyond retirement... 

The financial services industry has a great story to tell consumers about the economic benefits it provides for Australia, but thanks to populism and social media, the message doesn’t seem to be getting through.

Australian investors are increasingly interested in the environmental, social and governance (ESG) standard of companies when it comes to constructing their portfolios suggested participants in a panel held as part of the Financial Services Council Leaders Summit in Sydney.

The potential benefits of the young and developing regulation technology industry is immense, according to a panel at the FSC Leaders Summit in Sydney.

Despite being nine years since the idea was first floated, a compensation scheme of last resort for the retail financial services industry is still highly contentious.

Aspirations of sitting in the corner office and taking the role of the CEO aren't necessarily the key motivators for millennials in the workplace, according to a panel of young achievers in the financial services sector.

Without doubt, Australia’s superannuation system is a world-leading accumulation system. But when it comes to managing the retirement phase of people’s lives, there are improvements to be made.

At a time when the nation’s financial sector might be experiencing a degree of inquiry fatigue, Shadow Treasurer The Hon Chris Bowen MP has made it clear a vote for the Australian Labor Party at the next election is a vote for a Royal Commission into banks and the financial services industry.

According to Tom Durick from the CSIRO’s data innovation group Data 61, the hype cycle around fintech reached its height last year and probably entered the “trough of disillusion at the beginning of this year” but right now it’s on the rise again as we’re seeing it go “beyond the proof of concept”.

Thousands of families were left in limbo after the spectacular collapse of childcare operator ABC Learning in 2009, but out of the ashes emerged one of the earliest success stories of impact investing in Australia. 

It’s the biggest intergenerational transfer in history, but leading super funds could miss out to more targeted newcomers if they don’t learn to speak millennial – and fast.