Fitch downgrades US credit ratingBY ANDREW MCKEAN | WEDNESDAY, 2 AUG 2023 12:08PMFitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. Related News |
Editor's Choice
Former super fund adviser receives permanent ban
|A financial adviser, who worked at several major superannuation funds, has been permanently banned after he tried to persuade clients to transfer their retirement savings into a bank account he controlled.
Advisers should leverage US tech blueprint: SIAA panel
|While the US is at the forefront of financial advisers leveraging the best technology available, Australia's advice industry cannot be left behind and should learn from the blueprint it has laid out, investment experts told the Stockbrokers and Investment Advisers Association (SIAA) Conference this ...
Australian Food Super closes failed investment option
|Australian Food Super, previously known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test.
Pacific Current sells stake in investment firm to Goldman Sachs
|Pacific Current Group has sold a portion of its interest in a US-based investment firm for US$35.2 million.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.