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Showing 371 - 380 of 3730 results for "Though"

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... For instance, Australian Retirement Trust chief investment officer Ian Patrick earned $1.2 million, ranking 11th, even though the fund is Australia's second largest. Further analysis showed that the top 25 highest-paid executives of industry super ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
The SMSF Association is urging the wealth management sector to embrace learning opportunities at this year's National Conference, particularly as major reforms such as the $3 million superannuation tax changes loom. The SMSFA will host its flagship ...

PGIM names institutional client group lead

ELIZABETH FRY  |  FRIDAY, 2 FEB 2024
... three months of leading a team that aimed to partner with investment heads at large institutions and fiduciaries. Even though PGIM stressed that Australia remains a key part of its global growth strategy, the market grew antsy. But now, investors know ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... downturns, as seen during the COVID crisis. "Members' money is being used to ensure that super is hermetically sealed, even though that might not be in the interest of those workers," Bragg said. While seeing no problem with supporting a union or ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... advisers face as rapid developments of artificial intelligence like ChatGPT disrupt every sector. In the adviser space, though, the report finds that advisers continue to grapple with technology adoption and training - even with systems they've been ...

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
J.P. Morgan Asset Management (JPMAM) is joining forces with a New Zealand-based private wealth firm that has $28 billion of client funds under management. Craigs Investment Partners (CIP), a high-net-worth advisory firm that also provides investment ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
Net Zero Economy Agency chair Greg Combet is set to replace Peter Costello as chair of the Future Fund, commencing mid-year. At a press conference in Canberra, treasurer Jim Chalmers said the appointment of Combet, who only recently relinquished his ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... Advisory, the model is expected to be implemented by July with advisers reportedly embracing the equity participation idea. Though, Insignia did lose many advisers in the quarter. While it was primarily due to the sale of Millennium3, which saw more ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... declining real wages. Inflation eased to 5.4% in the third quarter of 2023, down from 7.8% in the fourth quarter of 2022, though it remains above the Reserve Bank of Australia's (RBA) target range of 2-3%. In response, the RBA has significantly tightened ...

Pension Protection Fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
The UK's Pension Protection Fund named a new chief executive, formerly on the executive team at PSP Investments. Michelle Ostermann will succeed Oliver Morley as chief executive of the $62.8 billion fund, which oversees the defined benefit entitlements ...