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| | | The high-net-worth (HNW) population's vast pool of wealth estimated to be worth a whopping $4.4 trillion, yet only one quarter employ the services of a financial adviser, new research finds, but Labor's proposed tax reforms could change this. ... |
| | | | ... Jamie Dimon grabbed headlines last year when speaking at one of the banking giant's quarterly earnings calls. "When you see one cockroach," he told analysts, "there are probably more." The cockroach Dimon was referring to was Tricolor Auto Group ... |
| | | | ... breadth has worked quite so well," he said. "We've done nothing, we might do things, but we're going to have to try to see a higher probability of some of these scenarios panning out before we want to move." He said Aware Super is tracking three ... |
| | | | Brighter Super has committed almost half of its planned $500 million in the Queensland Investment Strategy (QIS), two years into a five-year program aimed at increasing local investment across property, agriculture, infrastructure and high-growth businesses. ... |
| | | | Macquarie Group shareholders are questioning if the investment giant is still committed to aligning its finances with the goal of net zero by 2050 and if so, how it plans to assess its fossil fuel financing activity for compliance. Shareholders have ... |
| | | | ... deeply held concerns, including outliving their retirement savings, for overly cautious and constrained spending. "What we see is not a result of financial illiteracy or inadequate saving. These are clients who are well resourced and understand their ... |
| | | | ... solution." AMP, which also offers retirement income products via AMP Super and North platform, stated they are "pleased" to see uplifts like this across the retirement segment. "Our industry needed to step up to help Australians be confident about their ... |
| | | | ASIC has commenced civil penalty proceedings in the Federal Court against Equity Trustees Superannuation (ETSL), alleging failures in care, skill and diligence concerning the decision to allow members to invest in the First Guardian Master Fund. This ... |
| | | | ... well-held asset class. Already, USD equities are expensive. Already, there's been a lot of flow into them, and so when we see geopolitical events and concerns emanating out of the US, that's causing people to look to the East right now," he told ... |
| | | | Geopolitical risks are increasingly encroaching on traditional market cycles, forcing investors to make sense of these "jungle times" where anything goes, according to an economist. Diana Mousina, deputy chief economist at AMP, said the current economic ... |
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