 | Welcome to this week's edition of Smart Investing.
The Federal Government is aiming to make it easier for more Australians to access financial advice at scale, and for a lower cost. That's welcome news, and Vanguard agrees super funds are well placed to provide simple, tailored retirement guidance.
However, in our lead article, Sara Dix, Vanguard's Head of Government Relations, Advocacy and Strategy, says any reforms around financial advice should also take into account the increasing role that non-super assets are playing in the retirement mix. Therefore, a wider range of advice delivery channels need to be explored to close the gaps.
In our second article this week, Senior Personal Finance Writer, Tony Kaye, reports that Australia's exchange traded funds (ETFs) sector reached another major milestone in August, with assets under management exceeding $150 billion for the first time. He examines the key drivers behind that, including the ETF segments that recorded the biggest investor inflows.
Lastly, Australian Tax Office data shows there is still around $16 billion in lost superannuation that's owing to millions of Australians. You may be among them and we explain how you can find out.
| | | | | Moving the dial on affordable financial advice | | It is critical for advice services to reach Australians at a younger stage of life and to take into account an individual's whole of wealth and household retirement picture. | | Read article | | | | | | | Australia's ETFs sector surpasses $150bn in August | | Records were broken once again in August, with more than $2 billion of inflows taking the ETFs sector to a new high. | | Read article | | | | | | | The $16 billion super stockpile you may have a claim to | | Super funds and the ATO are still sitting on a mountain of unclaimed super money. | | Read article | | | | | | | High deposit rates, but the case for equities is strong | | Investors can currently lock in attractive term deposit rates, however equities are still likely to outperform cash over the longer term. | | Read article | | | | | | | Investment lessons from the latest earnings season | | Tough economic conditions have impacted many ASX-listed companies. But there's an easy way to reduce exposure risk. | | Read article | | | | Vanguard and its employees wish to acknowledge the Traditional Custodians of Country throughout Australia where we operate our business. We recognise their connection to the land, water and culture and wish to pay our respects to their Elders past, present and emerging.
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