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QIC ready for retail resurgence

Financial Standard

|

April 07, 2025

The most recent data from the Australian Bureau of Statistics (ABS) found spending growth in department stores was up 1.5% in February which helped to boost overall consumer spending for the month.

The data comes as QIC says 2025 is shaping up to be an "important year" for Australian retail.

"Recent years have not been without challenges, marked by economic headwinds weighing heavily on consumer confidence. But the tide is turning," QIC said.

FLERE HISTORIER FRA Financial Standard

Financial Standard

Opportunities abound

The past 12 months have been nothing if not eventful; just about every corner of the wealth management sector has been under the pump in one way or another, a period of dynamic change.

time to read

2 mins

December 01, 2025

Financial Standard

Sequoia chair boasts of 'good governance', despite ASIC action

Sequoia Financial Group's chair has told shareholders that “good governance remains central” to how it operates and confirmed it is in talks with Netwealth and Macquarie over their decision to bar InterPrac advisers.

time to read

1 mins

December 01, 2025

Financial Standard

Aware, Barings spin off BTR

Aware Super and Barings are turning their build-to-rent (BTR) portfolio into a standalone brand named WeAreLiving, aiming to grow the platform to $2 billion in the next five years.

time to read

1 min

December 01, 2025

Financial Standard

Interprac sued over failures

ASIC is taking Interprac Financial Planning to court over its failure to ensure representatives acted in clients' best interests. It's also been accused of lacking adequate risk management systems.

time to read

2 mins

December 01, 2025

Financial Standard

Advisers want to boost client book by 36%: CFS

While financial advisers have marginally increased the number of clients on their books to 112 on average, they aspire to serve 36% more, a new Colonial First State (CFS) finds.

time to read

1 mins

December 01, 2025

Financial Standard

Australia's AI game is on

Over recent weeks, artificial intelligence (AI) companies have attracted attention for less favourable reasons.

time to read

1 mins

December 01, 2025

Financial Standard

Five reasons the regulator is looking at the managed accounts sector

The managed account industry has grown from niche to mainstream in just a few years. What began as an efficient way to scale portfolio management has evolved into a multi-billion-dollar ecosystem spanning platforms, asset managers, and advisers. But with that success comes scrutiny, and it's no surprise that the regulator is now circling. Here are five reasons why.

time to read

2 mins

December 01, 2025

Financial Standard

Insurer acquires stake in Barings

MS&AD Insurance Group Holdings, via subsidiary Mitsui Sumitomo Insurance Co., will acquire 18% of Barings from MassMutual. MassMutual will continue to own 82%.

time to read

1 min

December 01, 2025

Financial Standard

First Sentier combines affiliates

A decade on from separating the two, First Sentier Group is merging Stewart Investors and FSSA Investment Managers back together.

time to read

1 min

December 01, 2025

Financial Standard

Talent crunch lifts base salaries for advisers

The shortage of financial advisers is seeing firms increasingly raise base salaries by as much as $50,000, according to a report by Kaizen Recruitment.

time to read

2 mins

December 01, 2025

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