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Showing 1231 - 1240 of 20540 results for "Time"

Adviser exam pass rate declines

MATTHEW WAI  |  MONDAY, 7 APR 2025
... sit the exam, 177 passed, representing 73.4% of the cohort. Of those 241 candidates, 175 (72.6%) sat the exam for the first time. The pass rate has declined from the previous sitting, where 77% passed in November with 289 participants. The passing of ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
... price discount-to-net tangible assets, a problem that plagues almost all listed closed ended vehicles, while, at the same time, retaining the investment manager and strategy that investors have chosen," Platinum said. "PAXX, being an open-ended managed ...

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... portfolios and strategies in response to their new financial reality, ensuring their wealth is effectively managed and grown over time," Jackson continued. "There is a significant opportunity for professional advisers to provide critical guidance on ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... in retirement phase at the moment... They don't really care much about what's happening in five to 10 years' time; they are looking at their balances on a weekly, sometimes daily basis," Pearce said. "We have to feel their pain as well."

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... Asia Pacific Nicholas Happell said Apex won the mandate following a competitive tender process. "We have invested a lot of time and focus on our superannuation business over the past 24 months and this partnership is testament to our capabilities in ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... crucial role in safeguarding and enhancing our members' interests. Brake said: "It is an honour to join Aware Super at a time when the growth of the fund both within Australia and offshore is generating exciting new investment opportunities to drive ...

Magellan names infrastructure co-leads

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... analyst at Credit Suisse, covering Australian utilities. He also covered small caps, energy and telecoms sectors during this time. Magellan chief executive Sophia Rahmani said she was "delighted" to confirm Ben McVicar and Ofer Karliner as co-heads of ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025
... about its commitment to environmental, social and governance (ESG) investing. In a statement to FS Sustainability at the time, DWS called the allegations "unfounded" and said it "firmly rejects" them. At the same time, both regulators in Europe and the ...

The tax system is being weaponised to inflict abuse, ombudsman says

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... limited set of circumstances. "There are a range of options available to support the victim-survivor to pay back the debt over time, through payment plans or deferred recovery actions, but too often those are not clearly explained to them when they contact ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... risk culture. APRA also increased the capital add-on applied to ANZ from $750 million to $1 billion. This is now the second time APRA has increased the capital penalty after first applying $500 million in 2019 and increasing it to $750 million last year. ...