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Showing 1671 - 1680 of 16290 results for "Product"

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... management; financial and regulatory reporting; hardship processes; insurance risk management; operational risk management; product design and distribution obligations; product origination; recover and exit planning and resolution planning; reinsurance ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... the only index-based ETF providing exposure to the broader capital stack of Australia's banks in one solution. Global X product and investment strategist Marc Jocum said BANK is designed for investors seeking consistent income, capital preservation ...

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
State Street Global Advisors (SSGA) has announced the launch of the State Street Gold Fund, a new unlisted managed fund in Australia. The State Street Gold Fund seeks to track the performance of the spot gold price (LBMA Gold Price PM in Australian ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia has moved up the ranks in the UBS Global Wealth Report, rising from third place to second in terms of median wealth per adult, sitting just below Luxembourg. In 2023 wealth growth across the world recovered from its 3% contraction the previous ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... significant strategic opportunity. "We have seen ETFs overtake active unlisted managed funds as the preferred investment product for core portfolio allocation, with managed accounts, index unlisted managed funds, and direct shares topping the list," ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... October 2021 and September 2022, Firstmac used a 'cross-selling strategy' to market investments in its High Livez investment product to 780 consumers who held existing term deposits with Firstmac. In doing so, it breached DDO by sending product disclosure ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... flows into these two asset classes, alongside fixed income," Betashares chief executive Alex Vynokur said. Meanwhile, product development activity was high this half, with 36 new products launched, compared to 22 in the first half of 2023. This included ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... insures against death, trauma, disability, illness, or injury, while MetLife Protect Super is a risk-only superannuation product. MetLife Protect Super is issued by Equity Trustees via the Smart Future Trust. Changes that affect both products include ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
Spaceship's superannuation offerings have delivered some of the best results seen so far, with its flagship product returning almost 20% while the other achieved close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... number of days in the financial year they held the relevant AFSL authorisation. AFSLs authorised to provide financial product advice to retail clients on basic banking products, general insurance, and consumer credit insurance will be charged $269,000 ...