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Showing 1131 - 1140 of 14262 results for "Bec"

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
While assets under custody have climbed in Australia, surpassing $5 trillion for the first time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
The financial advice sector could see the number of registered advisers sink to 11,000 and as low as 5500 in 20 years' time, Rainmaker Information predicts. These are some of the scenarios forecasted in the Rainmaker Adviser report. A more optimistic ...

Australia's safety nets 'stretched too thin': CALI

MATTHEW WAI  |  MONDAY, 12 AUG 2024
A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
Wollemi Capital has appointed former NSW Treasurer Matt Kean as director, regulatory affairs and strategic partnerships. Wollemi said Kean - who was recently appointed chair of the Climate Change Authority - brings deep expertise in catalysing public ...

BlackRock names Asia Pacific operations chief

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
BlackRock named Tomoko Ueda as chief operating officer for its Asia Pacific business, succeeding James Raby who will become global head of compliance. Ueda has been with BlackRock since 2022 when she joined as head of corporate strategy and development ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
Family offices are becoming more professional, but they face significant challenges, particularly with regulation and compliance, according to an international study by Ocorian. The research from Ocorian revealed that of the approximately 300 family ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The role of a chief financial officer is "widely ambiguous," according to new research conducted by Monash University. The research suggested that the role has a range of conflicting expectations placed upon it, relating to digital transformation, leadership ...