Risk sector grows 4%: Research
The life insurance industry climbed 4% to $18.4 billion in the year to June 2023 despite the number of risk advisers fleeing the industry.
Source: financialstandard.com.au
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Platforms FUM falls below $1tn
Wraps, platforms, and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced double-digit growth.
Source: moneymanagement.com.au
Westpac plans aggressive platforms play
Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space.
Source: financialstandard.com.au
How Architecture and Design on Earth Helps to Plan For Life on Mars
These micro-spaces, glass domes and 3D-printed constructions on ArchDaily pave the way for deep space exploration to Moon, Mars and beyond…
Source: archdaily.com
Wholesale and retail FUM drops $180b during June quarter
Wholesale and retail funds have seen a reduction of almost $200 billion during the June quarter with volatile global stock markets continuing to wreak havoc.
Source: professionalplanner.com.au