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Showing 3251 - 3260 of 9740 results for "Major"

Younger generations gaining super ground

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... the average balance currently held by Millennials is $59,500 - a significant improvement on $17,300 a decade ago. "It is a major challenge for superannuation funds to engage the younger generations in a long term issue such as superannuation, when they ...

Diversification trumping growth: Schroders

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Latest Schroders broker research suggests diversification is overtaking growth as the primary driver of asset allocation strategy. About 50 brokers were surveyed and suggested that establishing a "well-diversified portfolio that will rise in most, but ...

Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
... in machine learning. However, there is still not enough expertise in the area, according to 33% of respondents. Two other major drawbacks is the insufficiency of quality data, as well as having to carry out multiple, complex operations associated with ...

Cyber-security fears strike industry: Research

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
Cyber-security has emerged as a major concern for finance, insurance and superannuation firms in the last six months, latest research from technology provider TAS suggests. About half (46%) of executives canvassed in the second edition of the Compliance ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
Outgoing ASIC chair Greg Medcraft believes the big four banks will continue to sell wealth management arms because it's tough to restore the consumer trust repeatedly tarnished by these businesses. Speaking at a Sydney Financial Forum event yesterday ...

Macquarie tops Australian asset manager list

ALEX BURKE  |  TUESDAY, 31 OCT 2017
Macquarie Group remains the largest Australian-based asset manager in the world - and the only one in the top 100 globally, according to Willis Towers Watson research. WTW's annual Global 500 research positions Macquarie, with US$362 billion in assets ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
Three of the world's biggest central banks will meet this week. The Bank of Japan (BOJ) had already started their monetary policy deliberations yesterday and is set to conclude later today. This is expected to be a non-event with policy unchanged and ...

VicSuper names new insurer

KARREN VERGARA  |  MONDAY, 30 OCT 2017
VicSuper has appointed its new insurance provider, replacing a long-running partnership with AMP. MetLife will take over the $19 billion superannuation fund's insurance portfolio following a comprehensive tender process involving six potential insurers ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
Macquarie Group and Macquarie Bank will welcome a former Governor of the Reserve Bank of Australia to its boards next month. Glenn Stevens, who served as Governor between 2006 and 2016, will join both boards on November 1 as an independent director. ...

Broker popularity on the rise: Research

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
An increasing number of property investors are securing finance through a mortgage broker, with 83% of investors intending to do so in the next 12 months. The third annual national Property Investor Sentiment Survey from Property Investment Professionals ...