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Showing 1061 - 1070 of 8239 results for "June"

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... its 2% target. Promisingly the latest data shows that the yearly inflation rate has dropped to 6% from its peak of 9.1% in June 2022. However, following last week's banking sector turmoil, central bankers are now faced with the dual challenge of curbing ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... has just published its major statistics on lost and unclaimed super. "Since November 2019 when we started doing that up to June last year, we proactively consolidated about 4.7 million accounts with about $7.1 billion in it," she said. "While we're ...

AFA, FPA unveil joint roadshow theme

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... Financial Advice Association of Australia from April 3, the two bodies will run the United Association Roadshow in May and June. The Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) have announced the ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... large entities employing multiple advisers. "The total number of advisers covered by those full licences will be known in June, once their details have been linked to each licence-holders' registration on the Financial Service Providers Register," he ...

Super fund reaches dispute settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAR 2023
... alloy atomisation plant, with the terms of the lease initially reached in January 2022. The 10-year lease was to commence 1 June 2022 at $521,000 plus GST and outgoings, with annual increment of 3%. However, the plans were dumped about a year later following ...

Bravura's acting chief financial officer steps down

CASSANDRA BALDINI  |  MONDAY, 13 MAR 2023
... permanent successor. In the meantime, Fredrikze assumed the responsibility. He will continue in the role until his departure on 8 June 2023. He will continue to work with the board to transition his responsibilities in an orderly manner during that time ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... or where the majority of trustees are women. The sample represents $450 billion in funds under management. Using data to June 2022, the research, spearheaded by research manager Pooja Antil, found that over three years the funds outperformed by 0.25 ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... Enva entities being resolved and any debt at completion greater than $2.7 million subtracted from deferred payments. Last June, TIP acquired boutique firm Burman Invest, which was set up by Julia Lee, formerly of Bell Direct. At the time, the group said ...

AustralianSuper invests in build-to-rent-to-own affordable housing

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
... the option to purchase at a predetermined price in the future. Of note, AustralianSuper acquired a 25% stake in Assemble in June 2020 with the option to invest in future pipeline projects. Assemble has already completed a pilot project and is now constructing ...

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
... iteration of the APRA heatmaps, OneSuper was flagged in relation to sustainability of member outcomes. The data shows that, to June 2022 end, the RSE's net cash flow ratio (three-year average) was -6.79%. Its high fees were also highlighted, with ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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