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Showing 21 - 30 of 428 results for "Round of"

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard. Mercer associate Kieran Chu said while the Your Future ...

Almost one third fail adviser exam

KARREN VERGARA  |  TUESDAY, 30 APR 2024
Nearly one third (30%) of candidates who sat the latest round of the Financial Advisers Exam failed. A total of 298 candidates sat the 24 th exam, which is mandatory for those who want to practice as a financial adviser. The majority (77%) sat the exam ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... consultant, a senior equities consultant and two quants from the capital markets team. In the asset consultant's latest round of promotions, Claire Casucci has been elevated to principal consultant, while Brad Purkis has been appointed senior consultant. ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... loosen monetary policy settings until September. "The Reserve Bank Board will want to consider the impact of a third round of tax cuts that will take effect in July. While the cuts won't derail inflation's retreat, they will delay it," Cruise ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
The latest round of the internal dispute resolution (IDR) reporting regime saw 87% of small financial firms submit their data to ASIC. The deadline for the third round of reporting, which forced a total of 8600 financial services firms to submit data ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... time, Sequoia's shares were worth 20 cents; today it sits at 48 cents. It said it is strongly positioned to fund its next round of growth, saying it has $32 million on hand in cash and liquid investments. The licensee services business reported a 64% ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
Qantas Super has again reduced its insurance premiums six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... industry, are expected to aid the firm in unearthing new sources of alpha and enhancing operational efficiency. This round of job cuts marks the third instance in the past year for BlackRock, following a cut of 500 positions last January and another ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual Fee Disclosure Statement (FDS), a renewal notice, and a client fee consent ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... managers need to start putting more effort into nurturing talent internally. Otherwise, there's a risk of a merry-go-round of female managers while overall industry numbers remain static." Though, Alpha Female project editor Margaryta Kirakosian warned ...