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| | | ... reached. In a speech on Thursday, Powell told the Economic Club of New York that the September inflation data continued to show a decline however it wasn't that encouraging. "Short-term measures of core inflation over the most recent three and six ... |
| | | | ... multi-phased retirement, and express relatively low confidence about retirement," the report reads. "These customers also need - and show interest in - flexible support from life insurers. More than 75% want innovative life products, but today, only ... |
| | | | The Hamton-Hostplus consortium is set to take on the next stage of its $2 billion redevelopment of Moonee Valley Racecourse, having secured a $295 million loan from ANZ. Hostplus first partnered with private developer Hamton on the project in 2017 ... |
| | | | ... comparison, returned 9.3% on average, according to Rainmaker's MySuper Index, thanks to higher tilts in equities. APRA figures show that MySuper funds had 53% invested in equites, of which 28% was in global stocks. Unlike super funds, which enjoy ... |
| | | | ... introducing a government superannuation contribution to primary carers of young children; and introducing a requirement to show benefit projections on members' annual statements. The worst grade given was a D, handed to five countries - Thailand, Turkey ... |
| | | | A Fidelity International report shows that although most Australians feel obligated to share their wealth with future generations, a mere one in 10 have prepared a comprehensive estate plan. Drawing on nationally representative data by research firm ... |
| | | | Aware Super will now offer employees paid menopause leave, as the Finance Sector Union (FSU) launches an industry-wide survey on the impact of menopause and menstruation in the workplace in tandem with World Menopause Day. The Australian Institute of ... |
| | | | ... more moderate fundraising activity and performance expectations. "In spite of these challenges, the industry is expected to show solid growth until 2028, thanks to a gradual recovery in fundraising activity," he said. "Softer investor sentiment is creating ... |
| | | | Life insurance profits in Australia have soared to $1.2 billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23 ... |
| | | | Magellan Asset Management is considering overhauling the structure of one of its funds as it persistently trades below its net asset value. The closed-end Magellan Global Fund (MGF) is up for review as the board weighs up converting it into an open-end ... |
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