Australia’s securities regulator has sounded a serious alarm over financial advice on self-managed super funds (SMSFs) — revealing that 27% of reviewed cases could cause “serious harm” to retirement savings. According to the Australian Securities and Investments Commission (ASIC),➡️ 62% of SMSF recommendations failed to meet the legal duty to act in clients’ best interests.➡️...
Wall Street’s bonus season is shaping up to be the best since 2021, driven by surging deal flow, trading volatility, and record valuations, according to Johnson Associates. Equity sales & trading desks are the biggest winners — with bonuses up 15–25%, while M&A and equity underwriting bankers can expect 10–15% jumps. “Markets are at record...
British wealth managers are reporting a surge in pension withdrawals ahead of this month’s UK budget — as savers brace for potential cuts to tax-free lump sums. Currently, Britons can withdraw up to 25% of their pension tax-free.But with Chancellor Rachel Reeves warning of “hard choices” to fix public finances, many fear this benefit may...
After years of caution, global private equity funds are quietly pivoting back to China — drawn by cheap valuations, low debt costs, and shrinking competition. At the Global Financial Leaders’ Summit in Hong Kong, top fund executives signaled a major rebalancing: “Investors, particularly non-U.S. ones, feel overallocated to dollar assets,”said Jean Eric Salata, Chairman of...
Quantum computing — long considered the holy grail of technology — is now the hottest new frontier on Wall Street. Shares of the “Quantum 4” — Rigetti, IonQ, D-Wave, and Quantum Computing Inc — have soared over 100% this year, driven by hopes that these machines could one day solve problems far beyond classical computing....
Japan’s crypto industry is reawakening.From new ETF concepts to leveraged trading products, major exchanges are moving fast as policymakers debate tax cuts and looser leverage limits that could reshape the market as early as 2026–2027. 🇯🇵 From Caution to Momentum After years of skepticism following the Mt. Gox and Coincheck hacks, Japan’s crypto assets have...