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Showing 61 - 70 of 6726 results for "Currently"

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... requirements, consequences of an investor meeting the relevant test, and the application of the tests in practice. There are currently five tests in place to determine if an investor is a "sophisticated" one. Two of the most popular are the product value ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... This is due to the older demographic transitioning to retirement and commencing material drawdowns of their assets. Currently, industry funds hold 44% of superannuation assets, retail funds hold 23%, and SMSFs hold 27%. However, in the next two decades ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... Nevertheless, his assessment remains that the combination of weaker growth and a faster fall in inflation than the RBA currently expects will ultimately "force its hand" seeing it cut rates from mid-year with three 0.25% rate cuts by year end, taking ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... government properties spanning five states. The 10-year-old fund has some $526 million in assets. The fund manager is currently completing a $60 million, five-level office building in Frankston, which will be leased by the Victorian State Government. ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... issuers of all types of quoted ETFs "will facilitate a reduction in pre-launch time and costs for those issuers that currently need to seek individual relief from ASIC, as well as increasing the overall competitiveness of Australia's managed fund industry". ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... give them a sense of security about their financial future." TAL and AustralianSuper have worked together since 2009, currently providing insurance to around 1.4 million fund members. He said many members transitioning to and in retirement found the ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... market position," Mercer principal and report lead author Richard Dunn said. As for superannuation platform providers, currently about 25% of super funds are platforms or have large portions of their funds that are. Mercer said it expects this to significantly ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... pay, and the vendor agrees to assist the acquirer to reprice those clients," the report read. Prospective buyers are currently "acting in a very sophisticated manner and stratifying client bases when developing offers", willing to pay high multiples ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... also been recommended that all companies with more than 50 employees be required to report on their gender pay gap - currently, this only applies to companies with more than 250 employees. Further, those businesses with a large gender pay disparity should ...

The tide is turning for North Asian equity markets: Maple-Brown Abbott

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... such positive developments are far from priced in," Main and Ho wrote in an investor note. Japan's equity market is currently "experiencing a renaissance", the pair said, after a multi-decade period of stagnation following the burst of the bubble economy ...