Almost half of AFA team to depart; AI presents greater threat than climate change

Almost half of the Association of Financial Advisers’ board and leadership team have opted to leave as the organisation transitions to the Financial Advice Association of Australia.

Any problems with the growth of artificial intelligence could present a greater threat to humanity than climate change, according to Alphinity.

Data from think tank the Australia Institute has found massive disparity among income earners, with the bottom 90 per cent of Australians receiving just 7 per cent of economic growth per person since 2009.

GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance.

Women’s representation on boards stood at 36 per cent in the ASX 200 and 35.5 per cent in the ASX 300 at the end of February, according to AICD’s latest gender diversity report.

The recent write-off of Credit Suisse’s AT1 capital notes has made the asset class more lucrative for investors, according to Robeco.

Given the volatility in domestic and international markets, Australian retail investors can be forgiven for becoming a bit emotional about their portfolios, writes Greg B Davies.