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Showing 1 - 10 of 2801 results for %22Power50%22

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... major cause of stress as only 4% are "living the dream". Eighty-nine percent are afraid inflation is eroding the purchasing power of their assets. This is exacerbated by too many retirees facing higher-than-expected healthcare costs (85%) while over ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... confidence what the future will hold over the short to medium-term," Mercer said. "Therefore, for most individuals, the power of investing may well be harnessed through securing asset class diversification, taking on the risk they can tolerate and adopting ...

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
Count has renewed its contract with Iress to continue to provide software to its 550 financial adviser network. Count's financial advisers will continue to use Iress' Xplan, saying that it wanted to partner with the right provider to support ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... The thermal coal exclusion will not apply to companies deriving revenue from metallurgical coal, coal mined for internal power generation, intra-company sales of mined thermal coal, revenue from coal trading and royalty income for companies not involved ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... make this happen, including increasing the frequency of on-site visits. "This team will also support the use of my call-in power to review investments that come to pose a national security concern in time," he said. Foreign investors are being warned ...

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
Australian Securities and Investments Commission (ASIC) chair Joe Longo had some choice words when addressing the Parliamentary Joint Committee on Corporations and Financial Services today. When questioned over its capacity to respond to people who ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... diversified exposure to the global renewable sector with a growing pipeline of opportunities across geographies, technologies, power markets, renewable resources, and asset lifecycle stages. UniSuper chief investment officer John Pearce said the super ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... helping the regulator to better differentiate between acquisitions that are harmless and those that would entrench market power. The reforms also intend to simplify the process of merger approval by consolidating the three current pathways. This will ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...
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