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Showing 1131 - 1140 of 7589 results for "Currently"

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... significantly above the annual wealth growth of the 4.5% UBS estimates for high-income nations. More than half of all UHNWIs currently reside in North America, while countries in the Asia Pacific region are home to more than 66,000. "This already considerably ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... debut investment in the retirement living space. It has now also taken over the remaining the 30% equity share. Oak Tree currently houses over 1900 residents across a portfolio of 48 villages with around 2550 independent living units (ILUs) either operational ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... workshop is to take place later this month, with super funds still welcome to express their interest in taking part. "Currently, many Australians are priced out of getting advice or guidance on their superannuation, or they feel overwhelmed and don't ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... overseeing $3 billion of FUA at the end of June, according to ASIC's Financial Adviser Register. Godfrey Pembroke currently has 59 advisers. The Heads of Agreement with Madison comes to light as Godfrey Pembroke advisers move toward splitting from ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... threshold with the $45,000 income tax bracket. Over a million workers earn between $37,000 and $45,000 each year and are currently missing out on this payment which will have a significant impact on their super balance at retirement, while around 632,000 ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... "major strategic investment" in Stockspot but did not disclose its percentage ownership in the robo-adviser. Stockspot currently manages more than $650 million on behalf of 13,000 clients. The latest funding follows a $3 million cash injection from a ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... During the period, Hamilton said deepening relationships with institutional investors was a key focus. The group is currently partnered with 25 super funds. "Challenger sees partnerships with super funds as a key growth opportunity and has been engaging ...

MFS appoints new country head

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... appointed Josh Barton as managing director and head of Australia and New Zealand, replacing Marian Poirier. Barton is currently responsible for leading the firm's sales efforts involving institutional investors in Australia and New Zealand and will take ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... mitigating risks. It is overseen by head of direct trading and quantitative strategies Paul Fraynt. Incepted in April, it currently has total net assets of $0.99 million. "We chose to bring this fund to market to provide access for Australian investors ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... objectives and vision to be Australia's leading trustee services provider," O'Brien said. Under the changes, Russell Beasley, currently executive general manager, corporate trustee services, will instead serve as deputy executive general manager, fund ...