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Showing 261 - 270 of 3694 results for "Though"

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
The $85 billion fund has unveiled a new look in a bid to make the superannuation experience simple for its two million members. Rest's logo has been updated with a different typography, exclusively in the colour green. Rest chief member officer ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ...

AustralianSuper takes monster hit on Pluralsight

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
AustralianSuper has written off its $1.1 billion investment in online education firm Pluralsight, following the company's restructuring. The superannuation giant invested in Pluralsight in 2021, as a co-underwriter with Vista Equity Partners, which ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... revenue in Superannuation. Superannuation revenue declined 7% which was said to reflect the exit of several clients in 2023. Though this decline was partially offset by an increase in consulting-based fee revenue which grew 81% in 1H24. Iress said this ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... services and insurance sectors saw a 3.6% annual wage increase. "Private wages tend to be more reflective of market conditions though: private wages growth rate has cooled for four consecutive quarters and is now at the lowest pace since December 2021. ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... Clearstream also saw its total decline, down 6.8% to $108 billion. Its local assets under custody dropped $14.4% to $97 billion, though this was offset in part by a 323% increase in offshore assets, which came in at $11 billion. Naturally, NAB Asset ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... has an impact on the volume of funds under advice," Rainmaker said. Managed accounts and ETPs are also growing rapidly, though volumes at this stage are only minor in market-wide terms. "This leads to a conundrum: while financial advisers are strategically ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... former Rainmaker Information research director Alex Dunnin sings the praises of the equal representation trustee model, though stresses that this doesn't mean it shouldn't ever change. "Bringing in directors who are independent makes a lot of ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
... economy. "Australian and global businesses have already realised the financial strengths of protecting the environment though many politicians have been a slow to realise the global reality. Businesses are filling the gap and leading Australia into a ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... liquidators have adopted a simplified liquidation process when winding up companies with debts not exceeding $1 million, even though liquidations may be eligible. The ASIC report found that adopting a simplified liquidation process was uncommon, despite ...