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| | | ... Information, JANA, Frontier and Willis Towers Watson (WTW) now control 84% of the advised NFP superannuation market. The figure, which is up from 77% in 2020, is reflective of the ongoing rationalisation of super funds. However, at the same time, it's ... |
| | | | ... 26 industry super funds, which have only lost two providers over the period. In terms of super benefits paid out, this figure hit $95.8 billion - an increase of 13.8% over the year. Of this, lump sum payments rose 20.8% to $53.5 billion and pension payments ... |
| | | | The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ... |
| | | | ... left Mason Stevens last year, has sold Peridot Investment Management (PIM) to AL Capital Holding (ALC) for an undisclosed figure. Hua is the founder, executive director, and chief investment officer of PIM, and will now join ALC in a senior leadership ... |
| | | | ... has previously held various government roles. "We are delighted to announce Peter Stensgaard Mørch as the future front figure of PensionDanmark. He will bring unique experience from the management of significant public institutions across economy, finance ... |
| | | | ... whether this uptick in adviser numbers signals a recovery, or that the sharp December 2022 quarterly decline was a rogue figure," Rainmaker said. Boutique non-aligned AFSLs were the winners, attracting almost all the new advisers during the quarter. ... |
| | | | As anticipation builds for today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility ... |
| | | | Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ... |
| | | | Eildon Capital this morning has rejected the "opportunistic" takeover bid by Samuel Terry Asset Management. ASX-listed Eildon (EDC) said Samuel Terry Asset Management's offer of 93 cents per share represented a 20.5% discount to its net asset value ... |
| | | | ... 18-24 on average earn 85.8% of the wage of males of the same age - the closest income gap for any of the age groups. This figure drops to 70.6% for females aged 65 years and over. "Clearly part-time work is associated with a lower annual income than ... |
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