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Showing 1161 - 1170 of 7589 results for "Currently"

Pinnacle makes senior hire for American distribution

CHLOE WALKER  |  TUESDAY, 18 JUL 2023
... largest market outside of Australia by assets under management," Chambers said. "Eight of Pinnacle's 15 affiliates currently have clients in North America. "I have known and respected Mike for many years and we are thrilled to welcome a professional ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... advice process, is the first of three stages that will include the release of draft legislation at the end of this year. Currently ironing out the details, Jones pointed to three core areas that underpin Pillar Two. The first is the scope of the information ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... is in the national interest to do so." On June 29, ASX provided an update on the solution option assessment process currently underway. Earlier in the month, the ASX laid out its five-year plan to restore stakeholders' trust, with chief executive ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... key part of the group's strategy to grow its funds under management to $30 billion by 2030. The Smart Future Trust currently has more than $5.28 billion and about 227,267 members, while Future Super has about $1.8 billion and 51,139 members - including ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... "What CBA has done is ignore the Enterprise Agreement and instead, dictate changes to work from home arrangements that currently suit many of its employees." Angrisano added that the pandemic proved that remote work is a sustainable model and is convenient ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... will be conducted approximately midway between these designated meetings. Board meetings will also be longer than is currently the case, commencing on Monday afternoon and continuing through Tuesday morning. The outcomes of the meetings will be publicly ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... Rainmaker said. First Sentier, the manager with the largest net outflows of $12.6 billion, is a good example. It is currently owned by Mitsubishi UFJ Financial Group but was previously called Colonial First State Global Asset Management when it was owned ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... efficiencies are helping drive profitability. Two years ago, the average full-time employee (FTE) per practice was 6.8. They currently employ 5.6 FTE. The number of serviced clients per adviser on average marginally dropped by 3% from 133 to 129. Looking ...

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... reset at even more attractive levels this slowing may well prove temporary," she said. Short-dated fixed income funds currently offer income of 4.4%. The 10-year Australian bond yield has risen from 3.1% to 4% in three months. "Fixed income funds have ...

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... several companies, including the Australian Catholic Superannuation Retirement Fund and Darwin International Airport. Currently, he sits on the boards of Australian Catholic University - the publicly funded university with seven campuses in Australia ...