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Showing 1861 - 1870 of 29058 results for "PRI"

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...

Super doesn't have to be 'boring', but innovation is key

ELIZA BAVIN  |  WEDNESDAY, 12 MAR 2025
Leaders at Aware Super, NGS Super, Rest and AMP have all pointed to slow moving systems as standing in the way of innovation while speaking at the AM Tech Day conference in Sydney. AMP group executive, platforms Edwina Maloney said traditional thinking ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ...

US equities face volatility as growth risks mount: Morgan Stanley

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
US equities face a volatile path ahead as policy uncertainty, fiscal constraints, immigration enforcement, the lagged impact of interest rate hikes, and strong dollar combine to pressure earnings forecasts, according to Morgan Stanley. The investment ...

Family office appoints inaugural chief executive

JAMIE WILLIAMSON  |  TUESDAY, 11 MAR 2025
Coaxial, the family office of Nicola Forrest, has welcomed its first chief executive. Current UBank chief executive Philippa Watson has been appointed by Forrest to lead her family office and philanthropic venture, founded in 2023. Through Coaxial ...

Luxury asset investment platform launches for high-net-worth investors

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
Local technology firm MUSE has developed a platform that links high-net-worth investors and family offices with sellers of investment-grade luxury assets and high-end collectibles. The platform currently offers access to US$150 million worth of investment-grade ...

Vanguard rejigs Ethically Conscious options

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
Vanguard is updating its Ethically Conscious range of funds on the back of the FTSE Russell adding extra thresholds that will screen out more companies involved in fossil-fuel related activities. From March 24, the FTSE Russell's Global Choice Index ...

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show. The latest census, produced in conjunction with Milliman, reports separately managed accounts ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
Aware Super is around 18 months into a two-year project to ensure it has more robust and reliable data which can be used to inform better investment decisions. In March 2023, Aware Super head of income and markets Michael Clavin spoke to Financial Standard ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ...