Page 5 - Rainmaker Information News Today

Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information.

The Advisers Big Day Out (ABDO) brings together regional financial advisers and fund managers, providing insights on various investment opportunities.

Financial Standard provides trade news and education for superannuation trustees, financial planners, industry professionals and investment managers.

Australias top three asset consultants dominate the not-for-profit superannuation sector, serving 84% of funds.

Hostplus says the growth has been driven by a combination of mergers and strong member growth.

The financial advice industry bucked the trend for the first time in more than three years, adding 626 advisers during the March 2023 quarter.

Australians contributed a record $163 billion into superannuation accounts in 2021-22 according to research from Rainmaker Information. This was an increase of 13 per cent, and the third highest ann

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasing returns in popular funds.

In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion.

Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards for major financial institutions.