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| | The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ... |
| | | The chair of Sequoia Financial Group, John Larsen, has resigned from the position and his replacement has been appointed. Larsen's last day as chair was April 18 following five years at the post. He will stay at Sequoia as a non-executive director and ... |
| | | ... currently manages a total of $700 million across these funds. Perennial head of private investments Brendan Lyons said the current investment backdrop is highly attractive for Perennial's PPP strategy. "In terms of deployment, the domestic private market ... |
| | | Seven years on from its launch, Spaceship Super is being merged into a larger offering. Following a due diligence process, Spaceship's trustee Diversa has chosen to undertake a successor fund transfer that will see Spaceship become a sub-plan of ... |
| | | The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ... |
| | | The overall sentiment of global corporate real estate leaders has improved to its highest level since Q2 2022, according to a survey by Knight Frank. The real estate group asked the leaders to rate several sentiments around growth, portfolio, and workplace. ... |
| | | Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ... |
| | | ... effective June 1. Yanco was previously executive director markets between January 2019 and June 2023 before commencing his current role. He has more than 30 years of experience in financial market development, regulation, and supervision. Yanco has informed ... |
| | | ... lending, Hazelton said. "To respond to this, we took the decision to moderate the loan book growth in the near term. In the current conditions we do not anticipate a major change from this strategy," she said. Next year, AMP Bank will launch a new digital ... |
| | | ... recent recommendation on statutory reporting obligations, which advocated for a comprehensive review to assess if the current reporting requirements for insolvency practitioners "best serve" the integrity, efficiency, and efficacy of the corporate insolvency ... |
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