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| | | ... to one, a Gini coefficient of one denotes total inequality. Australia's Gini coefficient in 2019-20 was 0.318, which was close to the average of wealthy nations of 0.315, according to the Organisation for Economic Cooperation and Development (OECD) ... |
| | | | ... with customer reach of 200 million people. "Ignition's mission is to work with financial institutions around the world to close the advice gap, enabling them to deliver advice to many more of their customers in a fast, scalable, low cost, compliant manner," ... |
| | | | ... distribution at Wheelhouse Partners, McGauley had a long and successful career in the financial services industry spanning close to three decades. Prior to Wheelhouse Partners, McGauley was the head of retail at Investors Mutual, a role he held for 17 ... |
| | | | Emergency and State Services Super (ESSSuper) is facing a class action from Gordon Legal and the Rail Tram and Bus Union (RTBU) over allegations of more than $40 million in unpaid superannuation. The $36 billion super fund has been accused of failing ... |
| | | | Citi Australia has expanded the remit of managing director Nicki Ashton, appointing her as the head of financial institutions sales and solutions (FISS). In her new role, Ashton will provide strategic oversight of Citi's engagement and support for institutional ... |
| | | | ... proposed reforms to company mergers as it strikes a balance between economic and regulatory needs. However, the BCA said close consultation will be required to ensure businesses aren't burdened with unintended consequences. "There is still a lot of detail ... |
| | | | Foreign investors are feeling particularly optimistic about Australia, according to Kearney's Global Business Policy Council's 2024 Foreign Direct Investment Confidence Index (FDICI). The survey, which reflects investor sentiment regarding foreign direct ... |
| | | | ... Pacific region is expected to continue to be an emerging leader in ETF investing. As an example, China's ETF market will close on US$400 billion in assets under management (AUM) as policy makers from the government and state investment fund use ETFs ... |
| | | | ... planned to divest 100% of Bentleys (WA) to Fortuna Perth for an agreed price of $1.1 million. The transaction was expected to close at the end of March. Count said it did not complete "due to non-satisfaction of the conditions precedent." The ASX-listed ... |
| | | | ... diverse and growing client base." Zenith has been providing managed account portfolios since 2016 and currently manages close to $5 billion in funds under management across its range of managed accounts, including both customised and public menu portfolio ... |
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