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Showing 1141 - 1150 of 14262 results for "Bec"

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
A new report has identified how financial advice firms can bridge the value gap for prospective clients to get them on their books. Netwealth's 2024 Advisable Australian research, conducted in partnership with The Lab Strategy, found the barriers to ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
AXA is at the pointy end of discussions with BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Private capital fundraising across an aggregate of asset classes continues to remain at a low point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Russell Investments' default lifecycle investment option, GoalTracker, posted returns ranging from 9.2% to 12.3% last financial year. Since its inception in March 2020, GoalTracker has delivered average annual returns of 8.3%-11.3%. Russell Investments ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
Financial advisers may have lost nearly 18% of their client books because of fee increases in the last financial year but are reporting higher profit margins, a new Investment Trends analysis shows. Advisers went from servicing 120 clients on average ...

TAL appoints chief executive, individual life

MATTHEW WAI  |  TUESDAY, 30 JUL 2024
Gavin Teichner has been promoted to chief executive, individual life, effective October 1. Teichner will succeed Fiona Macgregor, who will become the group's chief executive and managing director. Teichner is currently executive general manager ...