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Showing 11 - 20 of 22231 results for "High"

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Reserve Bank of Australia (RBA) left interest rate unchanged at the May meeting, as was widely expected by economists. But some have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... credit risk transfer by purchasing credit risk notes from issuing banks insuring the first loss on a diversified pool of high-quality loans, providing regulatory capital relief to the banking institution to maintain their relevant Tier 1 capital ratios. ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... funds. An overwhelming number of members are goaded into leaving their incumbent super fund and investing their savings in high-risk property schemes, it found. These are either via platform super products offered by APRA-regulated funds or a self-managed ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... through Parliament. FSC chief executive Blake Briggs said: "Digital advice offers new and exciting ways for consumers to access high quality, affordable financial advice. The massive opportunity to deliver financial advice digitally is confronted by ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... merger occurring in late 2025. It said it is "currently in a strong and healthy position," citing positive net member growth, high member advocacy, and a growing retiree cohort.

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
ASIC has won a case against BPS Financial, following a Federal Court ruling that found the latter guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence ...

Pinnacle backs fledgling UK boutique

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
After ditching Royal London Asset Management (RLAM), the former global equities team is joining Pinnacle Investment Management as a fledgling affiliate. RLAM head of equities Peter Rutter and several of his global equities team members have sought refuge ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... managed by Macquarie Capital and most CGM businesses saw a net profit of $A3.7 billion, a 40% drop from FY23, influenced by high volatility in commodity markets that previously boosted FY23 results. Macquarie's net operating income fell by 12% to $16.9 ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... fund services for North America Ryan Burns, said that asset managers are focused on honing their distribution channels, and high-quality, consistent data is crucial in driving those decisions. "It's important that managers have a deep understanding of ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... earn compared to men. This penalty exists for women but not for men," said e61 Institute research manager Silvia Griselda. High-paying occupations such as investment managers, doctors, and dentists are paying women between 10% to 14% less than men. The ...