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Showing 91 - 100 of 1525 results for "First Time"

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... quarter garnered $159 million. Generation Life chief executive and managing director Grant Hackett said: "It was the first time we have surpassed $200 million in investment bond inflows in a quarter, and we also saw an increase in our lifetime annuity ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... global strategist Seema Shah said not only is this the first back-to-back rate cut in this cycle, but it is also the first time in 13 years that the ECB has cut rates in consecutive meetings. "Although ECB president Christine Lagarde was very careful ...

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... founding member of the UK's auto enrolment pension market, bringing millions of people into pension saving, many for the first time... we want to ensure their journey to retirement is as seamless as their savings journey with Nest," Nest head of retirement ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... is a significant milestone in our organisation's integration journey - bringing six instruments into one for the first time in our organisation's history." "The new Enterprise Agreement provides a range of new and uplifted benefits that we believe ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
... in May. Treasurer Jim Chalmers was quick to praise his government for delivering consecutive surpluses. "This is the first time a government has delivered back-to-back surpluses in nearly two decades. In dollar terms, they are the biggest consecutive ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
For the first time since the 1970s, China will begin "gradually raising" the national retirement age from next year as it looks to stretch a dwindling pension budget further to sustain its ageing population. The country has approved proposals to raise ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April sitting, in which about one third of candidates failed the exam. A total of 21,430 ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... diligence negotiations, deal structuring and portfolio company management. He rejoined QIC in 2023. Before signing up the first time, Jackson worked at Context Capital Management, in San Diego, running credit and equity analysis on prospective and existing ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... ABS reported living costs to be between 1.2% and 1.4% - well above the Consumer Price Index's 1%. "This is the first time since December 2010 that increases in living costs for all household types were higher than the increase in the CPI," Marquardt ...