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Showing 1871 - 1880 of 34285 results for "Financial"

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
... in their portfolio. "ETF investors tend to be younger. However, we are also seeing more sophisticated investors and financial advisors also reap the benefits of ETFs," Ibrahim said. "A growing proportion of high-net-worth individuals are allocating to ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
As artificial intelligence (AI) continues to rise, larger financial firms are lagging small and medium sized businesses when it comes to adoption, according to Evolved.AI chief executive Mike Kollo. Kollo - who is in Sydney preparing to present at the ...

Former AMP licensees rebranded as Akumin

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
Entireti has unveiled the go-forward name of its NewCo subsidiary, home to all the financial advice brands previously owned by AMP. The business will now be known as Akumin, "inspired by the professional judgement, discernment and acumen of the experienced ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
Praemium appointed a chief financial officer to replace Dave Coulter in the interim. Simon Moore is the temporary finance chief as Praemium searches for permanent replacement. Coulter was in the chief financial officer role from March 2022. Prior to ...

Stockspot officially launches low-cost super offering

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Stockspot Super has launched to the public, a move first flagged by Financial Standard in May 2024. Stockspot said the offering is Australia's first fully transparent, ETF-only superannuation product, which has been designed to keep costs low and provide ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... according to a research paper by the Australian Superannuation Fund Association (ASFA). Death cover arranged through financial advisers also took a hit, with insured lives falling 36% from 2.04 million in 2018 to 1.51 million in 2023 - likely collateral ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... The University of Sydney Endowment Fund and, in late December, locked in a $319.6 billion custody deal with Insignia Financial.

Active ETF issuance forebodes bigger market share: Expert

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... haven't really achieved the scale and the track record yet," J.P. Morgan AM global head of ETFs Travis Spence told Financial Standard. "That's one of the reasons why we think that as active ETFs continue to develop, scale, and gain track record ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
The financial services sector made a fractional improvement on its gender pay disparity, reporting a 22.2% gap on a median and average basis, the latest Workplace Gender Equality Agency's (WGEA) report shows. The 2024 financial year shows that financial ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
Insignia Financial will take a $53.5 million profit hit after electing not to exercise an early repayment request from NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the ...