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Showing 1491 - 1500 of 17566 results for "Report"

Aussies' financial literacy declines, young people fare the worst

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... by Ecstra Foundation and conducted by SVA Consulting. The International approaches to progressing financial capability report Ecstra commissioned said that financial literacy levels in Australia have fallen across all demographics, with 15-24-year-olds ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... spot with $487,058. Super funds with a relatively smaller membership base reported substantial assets under management. A report by KPMG found that size of the fund by membership does not always correlate to strong net cash flows, noting that HUB24 with ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... breaches included entering a client's orders onto the ASX that it should've suspected were manipulative and failing to report the client's suspicious trading activities to ASIC. "ASIC takes seriously the requirements for market participants to identify ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Generation X - the next in line to retire - is worried about running out of money, or not having enough to retire at all, according to new research by Natixis Investment Managers. The research, conducted in collaboration with CoreData Research, found ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... enforcement. "The regime has now been in effect for almost three years - but the proportion of licensees that have submitted a report is very low, which suggests some still may not be complying with their obligations," Kirkland said. "There has been ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
APRA says there is room for improvement when it comes to trustees' oversight of unlisted asset valuations, finding most super fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation ...

HESTA awards global private equity mandate

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
HESTA has issued a $250 million global private equity co-investment mandate to Stafford Capital, dubbed QP4. Stafford's Australian private equity lead Daniel Bowden said that this strategy seeks to tap into smaller deal sizes, providing access to a ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... the cost of office rents is a rising challenge (60th). "CEDA has long been calling for broad-based tax reform, and this report makes the need even more clear, given our consistently high levels of company and personal income taxes (ranked 57th and 55th ...

AFSLs undertake more reviews, lack risk documentation

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
Most AFS Licensees (AFSLs) are undertaking more reviews of their systems and processes but still lack documentation when it comes to managing risk, according to a new compliance survey. Holley Nethercote's 2024 Compliance Trends Survey reveals AFSLs ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
Betashares has commandeered the top spot for net flows among all investment managers in the managed funds industry. The local fund manager, which yesterday received a $300 million injection from Singaporean conglomerate Temasek, amassed $5.3 billion ...