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Showing 2461 - 2470 of 34160 results for "Over"

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

Work from home saves employees $5308

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... participation, compared to the pre-COVID trend, has increased by 4.4%. Those who work from home half of the time work just over 9% more hours per week. "This can be due to a range of factors such as being able to add an extra day of work, using the time ...

Cbus chief investment officer resigns

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... deliver them the best investment returns, and retirement outcomes, is unquestionable. He has lived and breathed Cbus for over 12 years and members are undoubtably much better off because of it." Gavin has been deputy chief investment officer since February ...

WA takes the economic crown: CBA

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
For the third quarter in a row, Western Australia topped the economic leaderboard in the latest CommSec State of the States report. Victoria made the biggest leap, overtaking both Queensland and South Australia to move into second place. The State of ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... the erroneous cancellation of Income Protection insurance for members when they left their employment. This issue affected over 1500 members and resulted in remediation costs of $1,430,426. Additionally, AFCA reminded super funds that rollovers must ...

Acenda forms innovation function to create new insurance propositions

ANDREW MCKEAN  |  TUESDAY, 29 APR 2025
... development of new insurance propositions for more Australians. The function will be headed by Lynton Pipkorn, who spent over a decade at Suncorp, including in roles such as group innovation manager across its banking, wealth, life, and general insurance ...

MFS expands Australian offering with contrarian strategy

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... familiar with the businesses and industries involved," MFS said. "With an investment objective of long-term capital appreciation over a full market cycle, it invests in a diversified portfolio of global equity securities of companies located in developed ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
ETF Shares, Australia's first new index ETF issuer in more than a decade and the country's only locally owned provider, is preparing to launch. The firm is led by Cliff Man as chief executive, David Tuckwell as chief investment officer, and Arjun Shanker ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... Equiti Financial Services paid $130,250 in bonuses to three financial advisers who provided template advice to clients to roll over their superannuation into self-managed super funds (SMSFs) and use those funds to purchase property through a related ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
Private capital, active ETFs and tokenisation are set to take the financial services sector by storm over the next three to five years, Deloitte predicts. Deloitte's 2025 Financial Services Industry Predictions report lays out six major forces that ...