The Australian bushfire crisis has accelerated the push towards a broader acceptance of environmental, social and governance (ESG) investing, according to the latest quarterly report on Asia Pacific from global research house Cerulli Associates.
Like so many other industries, there has been a significant change in consumer behaviour for financial advice clients because of the economic impacts of the coronavirus. The Financial Planning Association of Australia (FPA) says that advisers and firms need to make changes to both better support clients and also support their business in the “new normal.”
There has been an enormous increase in the number of private companies looking to go public over the past two years, according to Perennial Value Management’s newly appointed head of private investments Brendan Lyons.
After a stint as a lecturer at RMIT University while he completed his PhD, David Sokulsky’s pathway in investment management started off nearly two decades ago as a research manager for a publishing house with a superannuation data base.
The superannuation industry has grappled with the issue of longevity risk, or the prospect of retirees outliving their retirement savings, for decades. But it has been a nebulous concept for the superannuation fund members themselves to grasp.
After little change over the past 15 years, the actuarial industry is ripe for disruption. But the good news is that disruption should free up actuaries to concentrate on the ‘story-telling’ side of their profession.
Redundancies and reductions in pay have been a painfully common experience across a wide swatch of the global economic landscape during the past few months. A report released by the Australian Council of Superannuation Investors finds that executive pay packets have not been immune.
Some Australian businesses are turning to the gig economy to support flexibility and efficiency in these unprecedented times. Gartner research found that 40% of CEOs are planning on outsourcing roles to freelancers.
The effects of COVID-19 are far-reaching but one of the more immediate ones was the rapid cancellation of conferences across the industry. This wasn’t only a headache for organisers, and devastating for the event industry, but it also had knock-on effects for anyone who uses events to keep up to date with their continuing professional development (CPD).