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Showing 1061 - 1070 of 4502 results for "Reach"

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance. The latest Rainmaker data shows $35 ...

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... under advice. "The successful completion of the MLC acquisition has transformed our business in terms of size, scale and reach," IOOF chief executive Renato Mota said. Portfolio and estate administration recorded $606 million net inflows to $48.4 billion ...

Fidelity adds new climate, gender policies

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
The US$787 billion manager is asking companies that it invests in to reach 15% to 30% in board gender diversity and to commit to addressing the climate change crisis. Under the new policies, it wants most developed market investees to have at least ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered. The United Financial Advisers Association (UFAA), which claimed to have 6000 members, quietly ended operations ...

Robo advice potential skyrockets

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
... market size over the last two years, new research shows. Rainmaker Information data shows the robo advice industry could reach $60 billion, up from $30 billion estimated in 2018. The data is based off the US robo advice market which currently oversees ...

Lumiant launches fact find module

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
Lumiant has launched a free module for its adviser customers to enhance its fact find process by including a survey to understand clients' ideal outcomes. The Your Life module includes statements based around Lumiant's eight dimensions of wellbeing ...

Maths an unpopular subject with high schoolers

KANIKA SOOD  |  MONDAY, 26 JUL 2021
Only 30% of Australian year 12 students study maths at intermediate or high levels, according to the Actuaries Institute. It found a quarter of them are not studying any maths at all. About 7% of female students and 12% of male students study advanced ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... policy strategy - symmetric 2% inflation target - the ECB wouldn't be in a rush raise interest rates as soon as inflation reach two percent The ECB's latest move is in line with its objective of "anchoring the recovery". As ECB president Christine ...