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| | | The US state is spending big on financial education and is close to mandating personal finance courses for high school students in a bid to combat financial illiteracy. Assembly Bill 984, introduced by assembly member Kevin McCarty on February 15, would ... |
| | | | In a new mandate win, JANA will provide traditional advisory services, strategic advice and portfolio construction and risk assessment for Community Trust South. The New Zealand based philanthropic trust holds more than $270 million and has provided ... |
| | | | Allianz Retire+ has launched its new retirement income product, designed to enhance the provision of retirement planning for advisers. Allianz Guaranteed Income for Life (AGILE), available in early March, is a next-generation retirement solution delivering ... |
| | | | After a period of turbulence, Magellan reported statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% ... |
| | | | The trading and superannuation platform appointed its first head of strategy in Rachel Hopping. Hopping returns to Superhero after a short stint as head of strategic partnerships at Fintech Australia. She previously worked on Superhero's marketing team. ... |
| | | | The two funds are considering merging, after AvSuper's plans with Commonwealth Superannuation Corporation (CSC) fell through. Australian Retirement Trust (ART) and AvSuper have signed a Memorandum of Understanding (MoU) to explore a merger, commencing ... |
| | | | Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ... |
| | | | Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ... |
| | | | From April, the global investment giant will reduce the management fee on two of its Australian equity funds for both institutional and retail share classes. Specifically, the management fee of the Lazard Select Australian Equity Fund's retail share ... |
| | | | Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ... |
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