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Showing 311 - 320 of 3205 results for "Power"

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
Financial advisers are increasingly looking to artificial intelligence (AI) to improve their processes and documentation, but experts warn they must exercise a degree of caution and ensure that anything it produces complies with regulation. A whopping ...

Advisers put faith in global equities, small caps in 2025

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
A new study from Fidante suggests financial advisers will remain bullish on global equities and Australian small caps in the coming months. The Fidante Adviser Markets Survey, which surveyed more than 200 advisers, shows these are the asset classes ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The latest statistics from the Australian Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
Colonial First State (CFS) has tapped two fund managers to oversee its Australian equities and infrastructure strategies. ClearBridge Investments is now sub-advising a listed infrastructure mandate on the FirstChoice platform. ClearBridge declined to ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... Co-chief of the division of enforcement's asset management unit Andrew Dean described the act as an "egregious abuse of power." "By hand-picking trades and sending them to portfolios he favoured, Leech allegedly stood to profit personally and professionally," ...

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the Net ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
Robeco has forecasted another challenging year for the global economy, marked by conflicting signals and complex dynamics, in its 2025 economic outlook titled This is not a landing. Robeco said the US economy shows signs of continued resilience, despite ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Cbus has confirmed Paddy Crumlin, Jason O'Mara and Lucy Weber have joined the board after satisfying a 'fit and proper persons test' as part of the ongoing independent review being conducted by Deloitte at the direction of APRA. The findings ...

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... the higher fees posed too much of a drag to achieve success in these cases. Within this category, fees had no predictive power, and medium-term performance was dependent on a manager's skill." Despite clear advantages, the firm advised not to disregard ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... the research will spark more conversation in the industry. "Given the scale of pain points experienced by practitioners, power will lie with the product providers who place technology at the centre of operations and customer engagements," he said. "We're ...