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Showing 1691 - 1700 of 28255 results for "NOT"

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
New research from State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... history in the local market and its full-service wealth offering. He also said that when meeting with prospective advisers, it's not an overnight conversation - Ords assesses whether they're a good cultural fit for the firm. "We want to understand what ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... revenue upgrades were mostly saved rather than mostly spent. But banking on revenue to surpass Treasury's forecast does not make for a sound fiscal strategy," report read. Deloitte Access Economics partner and report co-author Cathryn Lee commented ...

Australia can benefit from China's economic growth amid trade war: Experts

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
China is now better equipped to absorb US trade tariffs compared to 2018-19 and is poised for growth that can benefit Australia despite the unrelenting trade war, according to experts who spoke at the China Investor Symposium. Amid the spate of universal ...

Government releases draft payday super law

ANDREW MCKEAN  |  FRIDAY, 14 MAR 2025
The government has released draft legislation to mandate payday super, a policy that was first flagged in the 2023-24 Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the ...

MLC Life explores new market

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
MLC Life has recruited a new general manager to help drive growth in the individual life insurance segment. Imran Lalani has been appointed general manager of emerging individual markets. He joins MLC Life Insurance with extensive experience in leadership ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Vantage Family Office is expanding into Australia by launching a capital markets business to serve high-net-worth individuals and institutions. The Asian-based multi-family office platform has set up Vector Capital Management, which will be led by veteran ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... the conditions without any adverse findings. BUSSQ also objected to the requirement for an independent review, arguing APRA, not an external consultant, should conduct a review if it felt the need to dredge up these issues, rather than rely on a single ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... sector, branding it the "poster child" for what can and does go wrong when governance implodes, while accusing directors of "not knowing" their business. In a speech at the Australian Institute of Company Directors Australian Governance Summit, Longo ...