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Bricks and mortar underpin Australia’s concentrated private wealth

  • On 05/08/2015
As the largely retail members of the Australian financial services industry convene on the Gold Coast today for the annual Financial Services Council conference, some reasoned perspective should perhaps be given to the relative balance of wealth held privately by Australians. In strategic terms Australia’s wealth management and superannuation sectors are a significant and vital […]
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Retirement Savings Gap 30 June 2014, FSC

  • On 30/07/2015
This report provides a snapshot of Australia’s progress as a nation towards funding a comfortable retirement. The figures calculated serve as indicators of the shortfall in adequate retirement savings for the working population, measuring the shortfall they will have in building an adequate (reasonable) retirement benefit. The Retirement Savings Gap (RSG) is a measure of […]
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MEDIA RELEASE “Rice Warner welcomes ANZ move to close gender retirement savings gap”

  • On 29/07/2015
Rice Warner today congratulates ANZ Bank on its Women’s Initiative package designed to offer female employees additional employer superannuation contributions. “ANZ Bank Chairman David Gonski and CEO Michael Smith are to be acknowledged for leading the first of Australia’s large corporates to introduce positive measures for female employees,” said Rice Warner CEO Michael Rice. “It […]
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Default focus comes at some cost to most super funds

  • On 22/07/2015
What has been the opportunity cost of developing sound default strategies for superannuation fund members? New evidence shows a harsh reality that the industry’s recent preoccupation with MySuper may have seriously impeded the focus on superannuation’s main game, members with the option to choose their fund. The haemorrhage of members to the self-directed segment of […]
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Long term forecasts

  • On 10/07/2015
Global economies have now had years of low interest rates fuelled by declining growth in wealthy nations and quantitative easing from Central banks. Yet interest rates keep trending lower and economic activity continues to be subdued. Inflation, the scourge of past decades, also appears shackled. What does this mean for investment markets and, more importantly, […]
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