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| | | On March 24, merely weeks into the US-Israel war on Iran, the Philippines became the first domino to fall when President Ferdinand Marcos Jr. declared a national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint ... |
| | | | ... Raphael Arndt said the current turnover running rate of around 6% in the senior investment team has not reached a "worrying level". Arndt was speaking at a Senate Estimates Committee hearing yesterday about the rise in turnover at the sovereign wealth ... |
| | | | ... "fundamental shift", with some 67 Australian financial services licences (AFSLs) were granted over the past six months. This was a level that was never seen before, he said, further accentuating the intent towards self-licensing. However, the low number ... |
| | | | ... construct. Today, it's moving away from that and, more importantly, ensuring staff and management within BHP have a high level of cultural knowledge and awareness. "We've got various phases of different cultural awareness programs underway. From ... |
| | | | ... "I am satisfied also that there are several other circumstances that justify a significant penalty. Westpac's size, the level of its profits and its market position are relevant to a consideration of what may be considered as an acceptable cost of doing ... |
| | | | ... management," the discussion paper read. Targeting unnecessary spending, the levy will also be used for "intense scrutiny of fund-level expenditure to hold RSE licensees accountable for improving practices, reducing spending that is deemed not in members' ... |
| | | | The Australian Securities and Investments Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across ... |
| | | | ... "The financial advice workforce continues to contract, limiting the capacity of traditional, in-person models to meet this level of demand. Face-to-face advice alone is unlikely to bridge this gap." The report found a small number of funds anticipated ... |
| | | | The insurer found that market volatility, and inadequate savings are no longer the greatest threats to retirement outcomes, rather, it comes down to hesitancy to make the decisions retirement requires. Allianz Retire+'s The two-chapter retirement report ... |
| | | | ... Before considering anything else, a panel of technology and advice experts stressed the importance of starting at the ground level - improving client and investment data before leveraging AI over it. On the final day of the Stockbrokers and Investment ... |
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