Why aren’t super funds moving to fill the advice gap? New analysis from KPMG has confirmed the environment is ripe for industry superannuation funds to fill the advice gap left by the exit of the major banks but there is little evidence they are actually doing so. For more.

FASEA extension delay displays politicians' inability to put others first Stalling the extension of the Financial Adviser Standards and Ethics Authority exam deadline reinforced that politicians “simply don’t care” about the financial advice sector, United Financial Advisers Association believes. For more.

The slowest funds to pay early access Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days, according to Australian Prudential Regulation Authority (APRA) data. For more.

Equities still risky despite optimistic signs Downward earnings revisions and bearish signals are still indicating headwinds in the US economy in a similar way to 2008, despite any short-term market rallies, according to Janus Henderson. For more.

Powerwrap teams up with US platform provider Powerwrap has secured a strategic partnership with alternative investment platform provider, Qualis Capital. For more.

Choppy waters ahead for high yield Investors should take advantage of further volatility in high yield markets, according to Eaton Vance. For more.

Martin Currie launches Australian sustainable equity fund Specialist asset manager Martin Currie has launched an Australian Sustainable Equity fund following demand from clients. For more.

T. Rowe Price appoints new distribution head Darren Hall will replace Murray Brewer who is retiring at the end of the year as head of distribution for Australia and New Zealand. For more.

Thriving in lockdown The recovery from stockmarket lows in March has been the fastest rebound in history, writes Sinead Rafferty, so investors are seeking those companies which will thrive during lockdown and beyond. For more.

The perils of (over) stretching for yield Central banks are using unprecedented levels of stimulus to support the economy, writes Kerry Craig, leaving investors with expensive bond prices and record low interest rates. For more.

Providing true-to-label exposure A fund may describe itself as ‘sustainable’, writes Richard Montgomery, but how can you be sure its actions in investment are more than just a label? For more.