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Showing 61 - 70 of 3572 results for "Figure"

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... 26 industry super funds, which have only lost two providers over the period. In terms of super benefits paid out, this figure hit $95.8 billion - an increase of 13.8% over the year. Of this, lump sum payments rose 20.8% to $53.5 billion and pension payments ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

Former Mason Stevens chief sells boutique

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... left Mason Stevens last year, has sold Peridot Investment Management (PIM) to AL Capital Holding (ALC) for an undisclosed figure. Hua is the founder, executive director, and chief investment officer of PIM, and will now join ALC in a senior leadership ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON  |  TUESDAY, 16 MAY 2023
... has previously held various government roles. "We are delighted to announce Peter Stensgaard Mørch as the future front figure of PensionDanmark. He will bring unique experience from the management of significant public institutions across economy, finance ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... whether this uptick in adviser numbers signals a recovery, or that the sharp December 2022 quarterly decline was a rogue figure," Rainmaker said. Boutique non-aligned AFSLs were the winners, attracting almost all the new advisers during the quarter. ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
As anticipation builds for today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ...

Eildon rebuffs takeover bid

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
Eildon Capital this morning has rejected the "opportunistic" takeover bid by Samuel Terry Asset Management. ASX-listed Eildon (EDC) said Samuel Terry Asset Management's offer of 93 cents per share represented a 20.5% discount to its net asset value ...

Women growing super faster than men: Research

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... 18-24 on average earn 85.8% of the wage of males of the same age - the closest income gap for any of the age groups. This figure drops to 70.6% for females aged 65 years and over. "Clearly part-time work is associated with a lower annual income than ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...