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Showing 181 - 190 of 2401 results for "Below"

CFA exam results begin to normalise

CHLOE WALKER  |  FRIDAY, 14 JUL 2023
... second level of the CFA Institute exam jumped in May above its historic average, marking an impressive turnaround from the below-average rates experienced during the pandemic. Over half (52%) of the 15,895 candidates worldwide who sat for the Level II ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... increase for CBA workers, including a retrospective increase back paid to July 2022 to compensate for increases that were below the rate of inflation. It is also calling for a trial 30-hour work week, an additional 22.8 hours of 'Life Leave' and the ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... 2022, asset managers faced a challenging year, with assets under management (AUM) falling to US$115.1 trillion, nearly 10% below the 2021 high of US$127.5 trillion. However, PwC forecasts a rebound by 2027, with AUM expected to reach a base of US$147.3 ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... their administrator detailing the volume of duplicate accounts, and a commitment to keep the number of duplicate accounts below a certain threshold," ASIC said. However, it wasn't all bad news. ASIC found most trustees that were reviewed are contacting ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... of Melbourne, Australia's economic stress in Q4 2022 was significantly higher than before the pandemic, only fractionally below the 2008 Global Financial Crisis peak. Lately, the index has been on the rise again. Current interest rate hikes have triggered ...

Frontier overhauls research function

ELIZABETH FRY  |  FRIDAY, 2 JUN 2023
... in this area, and we feel further allocations here will become increasingly important for all investors, including those below $1 billion in funds under management," the asset consultant said. "Assessing this wide group of strategies across many markets ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... forecasts of growth slowing down to 1.25%," he says. Oliver explains AMP sees growth slowing down a little bit more than that. "Below 1% but avoiding a recession," he said. "I think it is critically important that interest rate hikes soon come to an ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... years at 0.2% of GDP in FY23, from a 1.4% deficit in FY22, according to the FY24 budget on May 9," it said. "This is well below the 1.5% of GDP FY23 deficit forecast in the October 2022 budget due to robust revenue from a strong labour market and buoyant ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... return was 9.1% per annum, besting its 6.8% target, Costello added that the board expects real returns to be substantially below those of recent years. Meanwhile, Future Fund chief executive Raphael Arndt emphasised the importance of adapting to the ...