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| | | ... On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 years old ... |
| | | | AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ... |
| | | | ... amid a strong year for ETFs broadly. Betashares' latest Australian ETF Review calculates the local ETF industry at a total industry market capitalisation of $177.5 billion, a 33% growth year-on-year, as reported by sister publication Financial Standard. ... |
| | | | ... ETFs also garnered notable attention, capturing $1.5 billion in the same period. Notably, bond ETFs comprised almost 45% of total market flows in 2023, up from 29% in 2022. Vanguard's head of ETF capital markets for APAC Adam DeSanctis anticipates ... |
| | | | ... non-Powerwrap licence will continue at a similar rate for a further six to nine months." Praemium ended 2023 with $48.3 billion in total FUA, 12% more than the prior corresponding period. Despite the massive outflows, Powerwrap's total assets rose by ... |
| | | | Hanna Loikkanen will become chief investment officer of Finland's state-owned development financier and impact investor. Loikkanen, a seasoned financial services executive with over 30 years of experience, has been on the fund's board since May 2020. ... |
| | | | ... invested significant amounts in the industrial automation and media sectors - in both of which family offices' share of total deal value is above 10%. In terms of the target markets for direct investments, more than half (58%) of family office deals ... |
| | | | ... the annual cost will drop from $84 to $48. However, an asset-based fee charged at 0.05% per year will be introduced. The total combined admin fee will be capped at $25 a month, or $300 a year, CSC said. For members with a higher balance the change will ... |
| | | | ... include strategic advice, manager research, portfolio construction, as well as ESG consultancy. JANA did not disclose the total amount it is advising on. UFS aims to ethically invest accordingly with the Uniting Church's mission. It also aligns its ... |
| | | | ... morning, the investments platform announced it hit $91.2 billion at the end of December 2023, up 25% year on year. Of the total FUA, some $72.4 billion comes from platform services, while Portfolio, Administration and Reporting Services (PARS) comprises ... |
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