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Showing 3921 - 3930 of 28255 results for "NOT"

Digitisation an immediate area of growth: Fund manager

CHLOE WALKER  |  THURSDAY, 6 APR 2023
... in general benefited from a very high period of growth, and they've already seen quite a slowdown last year, so they're not coming off peak growth rates, they're coming up from already moderated growth," he said. "Therefore, the net impact of ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... claimed Javice paid a data scientist to use "synthetic data" techniques to create a list of 4.265 million "students" that did not exist. The discovery was made after JPMorgan sent out a marketing email to what was believed to be about 10% of users and ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... impact by supporting companies that are making a difference by giving them access to the capital they need to invest. She said not supporting firms that hinder social progress or engaging with companies to influence their behaviour are other benefits. ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... to improve the financial wellbeing of everyday Australians. Moreover, the solution is flexible for use by investors who may not be ready for an advised experience, but instead, seek access to a quality, self-driven investment solution, he added. "Launching ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
As the Reserve Bank of Australia (RBA) kept the cash rate at 3.60% in April, most economists warn Australians not to rule out further increases throughout the year. Mortgage holders breathed a sigh of relief yesterday afternoon when RBA governor Philip ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... investors' best interests. The court found that, between 2015 and 2018, Ian Williams, Paul Raftery, Paul Nielsen and Peter Daly did not take all reasonable steps to ensure Endeavour complied with its compliance plan, obtained member approval for ...