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Showing 11 - 20 of 1888 results for %22Let%22

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... "at some point this year". "Powell reiterated that the better than forecast US economic performance gives the FOMC time to let data guide policy, but that interest rates will likely be cut at some point this year," Commonwealth Bank associate economist ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
In his annual letter to investors, BlackRock chair and chief executive Larry Fink said providing people a secure, well-earned retirement is much more challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Hostplus rejects claims it is promoting anti-competitive behaviour in attempting to ban human resources technology platforms from offering employees choice of superannuation funds at the onboarding process. Employment Hero chief executive Ben Thompson ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... 2022's party-crashing histrionics. Throughout 2022 and early 2023, it was broadly decided that private equity couldn't be flat let alone up when the public markets were down 20%," the report said. Hamilton Lane indicated that private market valuations ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... his previous approach inspired by Benjamin Graham. "Charlie never sought to take credit for his role as creator but instead let me take the bows and receive the accolades. In a way, his relationship with me was part older brother, part loving father," ...

Future Group commences organisational restructure

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
Future Group is undertaking an organisational restructure to consolidate the operations of its subsidiaries, smartMonday, GuildSuper, and Verve Super, leading to job cuts. Future Group chief executive Simon Sheikh said in a letter to investors that ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
Super funds lack crucial data on members' retirement income certainty preferences, hindering effective retirement assistance and compliance with Retirement Income Covenant obligations, research by Capital Preferences and Challenger reveals. The ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... regulatory toolkit. And businesses, boards, and directors shouldn't allow the international discussion around AI regulation to let them think AI isn't already regulated- because it is. "For this reason, and within our remit, ASIC will continue to act ...