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Showing 2431 - 2440 of 20552 results for "BEN"

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
HESTA is once again calling for the Australian government to address gender inequities in superannuation and improve financial security for women. In its pre-budget submission, the super fund said tracking and closing gender gaps remain its top priority. ...

AFA, FPA plan joint roadshow

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
Irrespective of the outcome of the upcoming merger vote, the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) will host a combined roadshow event across the country this year. The Combined Association ...

Lendlease launches first BTR project in Australia

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
Alongside Canadian real estate investment company QuadReal Property Group (QuadReal), Lendlease is set to deliver its very first build-to-rent residential apartment building in Brisbane, Queensland. Already, Lendlease has developed more than 2600 residential ...

Pella broadens horizons, launches UCITS fund

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
Pella Funds Management's offering is gaining traction abroad, with the Sydney-based firm launching a UCITS fund in Europe. Pella has launched the Pella Global Securities Sustainable Fund, domiciled in Luxembourg. It applies the same strategy as its ...

Aware Super's Intermodal Terminal Company to build $400m terminal

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
Intermodal Terminal Company (ITC), fully owned by Aware Super, plans to build and operate a $400 million terminal to unlock Australia's supply chain. The planned terminal in Melbourne's north, set to be completed in 2025, will be Australia's largest ...

Insignia saves thousands of hours with AI

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
Implementing an artificial intelligence solution has saved Insignia Financial tens of thousands of working hours, it says. The financial services company rolled out its first digital worker called Optimus in 2019 and has since steadily increased its ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
Former APRA chair Geoff Summerhayes has been appointed as chair of Zurich Financial Services Australia (Zurich). Summerhayes boasts an impressive track record in financial services as former executive board member of APRA and as chief executive of Suncorp ...

Superannuation objective: Australians want retirement income

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
Financial Services Council (FSC) research found Australian's support legislating an objective for super that focuses on delivering retirement income. A focus group study conducted by CT Group revealed Australian consumers' awareness, understanding ...