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| | | ... unlisted infrastructure and property for decades, and many have made forays into private credit and private equity," the report said. "Today, around 16.5% of sector assets are invested in private assets, although for the largest cohort, so-called 'industry' ... |
| | | | The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ... |
| | | | The latest statistics from the Australian Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over ... |
| | | | ... 10.7% p.a. and outperforming the benchmark by 2.37% p.a. Separately, the newly released CFS Advice Practice Profitability Report found that 54% of financial advisers want to increase revenue per client and 50% want to serve more clients annually over ... |
| | | | The SMSF Association (SMSFA) has welcomed reports the government's $3 million superannuation tax, which was expected to come into effect 1 July 2025, could be shelved until after the next federal election. SMSFA chief executive Peter Burgess said the ... |
| | | | ... institutional investors to invest in large-scale renewable energy projects, and we welcomed the opportunity to present our report today to help integrate the investment sector into the renewable needs of the nation and unlock the flow of large waves ... |
| | | | Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ... |
| | | | ... of inflows and deliver elevated returns over the next five years compared to other private markets asset classes, a new report from IFM Investors shows. The survey of 700 global institutional investors found that private equity and real estate are the ... |
| | | | Treasury has opened a new consultation paper on the Crypto Asset Reporting Framework (CARF) to explore whether it should be added into Australian tax law, or if government should customise a policy response. The Organisation for Economic Co-operation ... |
| | | | ... processing times across the industry. The regulator said it is currently reviewing death benefit claims and will release a full report early next year; however, it told super fund chief executives that there are many shortcomings it's identified ... |
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