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Showing 1261 - 1270 of 7723 results for "Currently"

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... participation has not yet been determined". These relate to superannuation, and commissions for advice and insurance. "Currently, it is not possible to determine the ultimate impact of these claims, if any, upon AMP and so they also continue to remain ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... continued noting education has emerged as a primary concern for parents and grandparents amid intense financial pressures currently being experienced. "The rising cost of living and education fees has subsequently had a flow on effect, impacting the ...

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
... as they aim to contribute societal and planetary impacts while driving competitive returns and economic wellbeing." Currently, he says, impact investing is at a nascent stage in institutional portfolios. During his career, Huang has held roles at Colonial ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... River Capital, has also expressed interest in acquiring PAC with a proposed buyout offer of $388 million. Notably, Regal currently holds a 12% share in PAC, while River Capital, as PAC's leading investor, boasts a 19% stake. "This proposal represents ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... significantly above the annual wealth growth of the 4.5% UBS estimates for high-income nations. More than half of all UHNWIs currently reside in North America, while countries in the Asia Pacific region are home to more than 66,000. "This already considerably ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... debut investment in the retirement living space. It has now also taken over the remaining the 30% equity share. Oak Tree currently houses over 1900 residents across a portfolio of 48 villages with around 2550 independent living units (ILUs) either operational ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... workshop is to take place later this month, with super funds still welcome to express their interest in taking part. "Currently, many Australians are priced out of getting advice or guidance on their superannuation, or they feel overwhelmed and don't ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... overseeing $3 billion of FUA at the end of June, according to ASIC's Financial Adviser Register. Godfrey Pembroke currently has 59 advisers. The Heads of Agreement with Madison comes to light as Godfrey Pembroke advisers move toward splitting from ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... threshold with the $45,000 income tax bracket. Over a million workers earn between $37,000 and $45,000 each year and are currently missing out on this payment which will have a significant impact on their super balance at retirement, while around 632,000 ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... "major strategic investment" in Stockspot but did not disclose its percentage ownership in the robo-adviser. Stockspot currently manages more than $650 million on behalf of 13,000 clients. The latest funding follows a $3 million cash injection from a ...