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Showing 1571 - 1580 of 12788 results for "Change"

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... what the RBA had initially forecasted. "The key question is whether the near-term upside surprise is enough for the RBA to change its view that inflation will return to its 2-3% target band by late 2025," Bloxham said. "Although we cannot be certain ...

CFA final exam pass rate declines

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
Of the 16,035 candidates who sat for the Level III CFA exam in August, just under half (47%) passed. This is below the 48% and 49% pass rate for those who sat the Level III exam this past February and August of last year, respectively. It is also lower ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
Piper Alderman is examining a second class action in relation to contracts for difference (CFD) products, this time against International Capital Markets Limited (IC Markets). The action is on behalf of retail investors who claim to have collectively ...

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
... advisor expertise as they sharpen their value proposition. Jollie believes the next decade will see significant structural change in the superannuation and funds management industries as they face a tumultuous period. Further, he said having overhauled ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... and reported the matter as a systemic issue to ASIC. An unnamed superannuation fund that was undergoing an administrator change led to a failure to rollover super benefits in the required timeframe because of systems issues. This violates Superannuation ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... just add to the process. This year, that number has risen to 17%. Meanwhile, 13.6% of fund managers said internal teams change the philosophy and culture of funds for the worse - up from just 3.9% in 2014. "In 2014, far fewer funds had strong internal ...

Blackwattle to take over Watermark fund

CHLOE WALKER  |  MONDAY, 23 OCT 2023
Blackwattle Investment Partners (Blackwattle) will take over responsibility of the Watermark Absolute Return Fund (WARF) following the retirement of its founder, Justin Braitling. The independent fund manager is already well acquainted with Blackwattle ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... comprehensive, audited financial statements by September 2025. PwC said the plan is built on five key commitments to drive change and is supported by several key actions. The first initial action highlighted by PwC is putting its purpose and values at ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... that have "underlying circumstances that are the same or substantially similar to an earlier reportable situation." This change takes effect from October 20 and is part of ASIC's amendments to licensees' obligations under ASIC Corporations and ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... Additionally, he said, exits are back to pre-pandemic levels, and the same is true of the wage premium earned by those who change jobs. "Surveys of workers and employers show a return to pre-pandemic levels of tightness, and indicators of wage growth ...