New Cbus 'opt out' regime raises eyebrows Building workers have been told they will have to specifically opt-out if they don’t want Cbus to give their details to union officials and delegates to help chase unpaid superannuation. For more.

10 super funds still accounting for 60% of early release payments Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments. For more.

FPA's half a million reasons to restore licensee relationships The Financial Planning Association’s proposals for adviser registration to replace licensee authorisations has caused consternation among some licensees, but the FPA has good financial reasons to restore the relationship. For more.

COVID-19 digitalisation pays-off The best performing global equity funds during the COVID-19 pandemic were those that held companies that benefitted from the rapid expansion of digitisation. For more.

Super members ease off COVID-19 queries The top client issue dealt with by advisers in May was concessional super contributions, compared to April when early access to super dominated clients’ questions, according to AMP. For more.

Real estate AUM hit $316b in 2019 Australian asset managers’ total real estate assets under management hit $316 billion in 2019, according to a survey. For more.

NZ unprepared for retirement Research from the Financial Services Council shows 70% of New Zealanders are unprepared for retirement and there was a strong link to money and well-being. For more.

ASIC imposes extra AFSL conditions on Societe Generale The additional conditions will require an independent expert to assess and test controls, systems and processes after the firm deposited client money into unauthorised bank accounts. For more.

GQG cuts management fees on two funds Global asset manager GQG Partners has reduced the management fee on both of its equity funds as the company has grown in size. For more.

The ‘diabolical’ threat of sequencing risk The threat of sequencing risk is “diabolical” for retirees and pre-retirees and leaving them in danger when there is a market collapse, according to Cor Capital. For more.

Five steps to getting your equity income strategy back on track As companies move to slash or cancel dividends, writes Rudi Minbatiwala, investors who rely on income are having to find alternative sources to generate income for their retirement. For more.

Building a new future While airports may have come under recent scrutiny, writes Sarah Shaw, the wider infrastructure sector has tremendous opportunity to support the economic recovery. For more.

The gold factor The price of gold could surpass US$2,000 in the next 12 months, writes Russel Chesler, as more capital is forced into the relative safety of the precious metal. For more.