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Showing 1041 - 1050 of 8859 results for "Data"

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... informed in an ever-changing world," Nationwide said. Some 31% of financial advisers are considering AI plan to use it for data insights. Twenty-seven percent plan to use it to educate clients on financial matters.

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... parking their retirement savings in default MySuper products, instead of exploring other investment options. Analysis of APRA data by Innova Asset Management revealed that an all-equities portfolio, spread across Australian and international shares ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
While just 17% of APRA-regulated superannuation fund under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... where all information submitted by the registrant was the same)," Justice Murphy said. "Accordingly, I made orders for the data verification work to be undertaken at first instance by BTFM. Then, pursuant to the safest regime upon which the parties can ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... has ripped apart the Association of Superannuation Funds of Australia's (ASFA) assertion, which is based on ATO sample data, that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has proposed an additional ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
Almost nine months on from a cyber breach that saw member data taken, the $14 billion super fund will have to contend with additional licence conditions as it looks to remedy "significant deficiencies" in its cyber controls. As first reported by Financial ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... assessed 4.82 million employees, the remuneration gender gap trended down 1.1% year on year, the largest drop since it collated data in 2014. On paychecks, it means that for every $1 men earn in Australia, women earn 78 cents on average. What is encouraging ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers, assessing ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... off-market; disclose all necessary information to its clients about its crossing system; and accurately report regulatory data about the execution venue of trades. Instinet operated a crossing system, or 'Dark Pool', called BLX Australia (BLX crossing ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... reaching the 12.4 million Australians in need of professional advice but are still awaiting assistance. The paper drew on ASIC data that shows 41% of Australians intend to get personal financial advice in the future, but only around 12% currently do. ...