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Showing 1511 - 1520 of 9314 results for "Red"

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... CPA Australia's latest survey, some 47% of Aussie business owners are aged 50 and over. CPA Australia highlighted this as a red flag as it indicates that the lack of young entrepreneurs has long-term implications. "The survey results show that young ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

FICAP names new charity partner

JAMIE WILLIAMSON  |  MONDAY, 20 MAR 2023
Funds raised by the Financial Industry Community Aid Program (FICAP) will be donated to Feel the Magic this year, as well as Shine for Kids. Feel the Magic is FICAP's new charity partner, providing early intervention grief education programs for kids ...

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
The Advisers Association (TAA) is urging the industry to proactively attract more entrants to the profession, starting by working closely with universities and education providers. TAA chief executive Neil Macdonald said advisers should think laterally ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
Aware Super restructured its investment team in support of its growth strategy, naming three new asset class leads in the process. The super fund joins the likes of AustralianSuper and Australian Retirement Trust in reshaping its investment team as ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or 1.4% to 6971 and said all sectors are in the red, led by Materials (-3%) and Financials (-1.6%). CommSec senior economist Ryan Felsman told Financial Standard that ...

Merricks Capital funds $465m Sydney development

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The $465 million agreement, funded by Merricks Capital, will allow Milligan Group to acquire one of Sydney's last remaining CBD sites. Milligan Group plans to construct a 55-storey mixed-use commercial tower on the corner of Pitt and Hunter Streets ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
Tomorrow, GBST will launch its enhanced SaaS Composer wealth management administration platform and refreshed brand to support a new strategic direction. GBST's upgraded SaaS Composer platform offers organisations a consolidated view of their customers' ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ...

Active fund managers historically underperform: SPIVA

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
A staggering majority of actively managed Australian equity funds are underperforming in the short term and across every time horizon, the latest SPIVA Scorecard reveals. Nearly 79% of active fund managers focused on Aussie equities underperformed the ...