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| | | Perpetual has established a global asset management leadership team as part of a refreshed strategy, leading to changes in its executive committee. In an ASX announcement, Perpetual revealed that its regional asset management units have unified under ... |
| | | | The growth of local family offices in the past five years is driving an increase in demand for investment and management staff, according to KPMG's Australian Family Office Benchmark Report 2023. The survey, produced by KPMG together with Agreus ... |
| | | | According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ... |
| | | | ... adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show HSBC Custody Nominees' overall assets under custody for Australian investors fell 64.9% in the six months to June 30. ... |
| | | | A former financial adviser who doubles as a comedian has had his assets frozen and been barred from leaving the country as the regulator investigates fees charged to client superannuation accounts. Last month, David Mario Valvo of Sydney was ordered ... |
| | | | ... loss and damage as a result of purchasing AMP securities during the Relevant Period at an inflated price," court documents show. AMP closed its books on the first half of 2023 financial year provisioning $50 million for the buyer of last resort class ... |
| | | | Westpac has posted a net profit of $1.8 billion for 3Q23, driven by steady operating revenue and disciplined margin management. Despite inflationary headwinds which led to a rise in expenses by approximately 5% for the second half of 2023 compared to ... |
| | | | The Australian Bureau of Statistics (ABS) reported a 14,600 drop in employment in July, deviating sharply from the anticipated rise of 15,000 by economists. In July, the unemployment rate increased to 3.7%, up from 3.5% the previous month, despite economists' ... |
| | | | Australian retail investors are looking for new investment opportunities, with half of respondents looking to increase the scale of their investments in the next year, according to Chartered Accountants Australia and New Zealand (CA ANZ) latest annual ... |
| | | | Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ... |
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