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Showing 341 - 350 of 4492 results for "Reach"

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

Active ETF issuance forebodes bigger market share: Expert

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
Active ETFs are tipped to boom in the near term as the unprecedented rate at which they are issued shows they will take the sector by storm, according to J.P. Morgan Asset Management. Last year, 80% of all ETFs issued in the US were active ETFs, J.P. ...

Sydney to host global superannuation summit

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
... billion into the US economy, to highlight their potential. By 2035, super funds' investments in the US are projected to reach US$1 trillion. The delegation also heard from two former Trump Cabinet Secretaries, three state governors, and several "leading ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
For the half-year ending 31 December 2024, Australian Ethical reported its net profit after tax (NPAT) increased by 50% to $9.3 million. The underlying profit after tax (UPAT) was up 35% to $11.5 million, and as previously mentioned, the ethical manager ...

Chalmers looks to trade super pool for minerals with US

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... lie before us," he said. "The current value of Australian super fund investments in the US is around $400 billion - due to reach $1 trillion over the next decade. "So, Australia's superannuation sector has the size, scale and presence to play a big role ...

Cost-of-living continues to rock retirement confidence

MATTHEW WAI  |  MONDAY, 24 FEB 2025
... Power agrees with Powe's suggestion on seeking financial advice, claiming those who receive advice are "twice as likely" to reach their retirement goals. "The cost of living has shaken confidence in retirement expectations. However, it has also led to ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
The Council of Australian Life Insurers (CALI) released new best practice guidance on family and domestic violence that sets new benchmarks for life insurers to better understand and engage with victim-survivors. The detailed framework will help Australian ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... FUA relates to Xplore Wealth MDA, which will shutter by March 31. Looking ahead, HUB24 expects its platform FUA target to reach between $123 billion to $135 billion for FY26.

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
Dexus delivered a statutory net profit after tax of $10.3 million in the six months to 31 December 2024 - a major change compared to the $597.2 million net loss after tax in HY24. Dexus chief executive Ross Du Vernet said the group had progressed its ...