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| | | The 25 largest state and local pension investment funds in the US have lost an estimated US$249 billion in public equities, according to the Equable Institute. The institute, which is a bipartisan nonprofit, said most of the damage occurred over the ... |
| | | | The corporate regulator plans to introduce two interactive dashboards that would track firm-level reportable situations and internal dispute resolution (IDR) data to push financial firms to lift their game. ASIC is consulting on plans to publish dashboards ... |
| | | | US President Donald Trump has agreed to a pause in the reciprocal tariffs imposed on all nations, bar China, in excess of 10% for 90 days to encourage nations to go to the negotiating table. However, China saw tariffs increased to 125%, which will drive ... |
| | | | ... tariffs were expected, the market meltdown was spurred by how extreme they were and the possible implications of that. "The level of tariffs that, if indeed they stay where Trump has announced, this takes the US back to about 1910. So more than a century ... |
| | | | ... hedges," the RBA said. Despite raising concerns, the RBA said historically the superannuation sector has displayed a high level of resilience and has tended to support financial stability. "While the sector supports long-term capital formation in Australia ... |
| | | | ... expecting to inherit over $500,000. Comparatively, only 20% of Millennials, aged between 29 and 43, are expected to receive this level of inheritance. The number drops to 13% for Generation Z, aged between 18 and 28. This follows a recent study compiled ... |
| | | | ... our capabilities in this space. Our local team is proud of this new partnership and committed to delivering the highest level of service to Diversa, in turn enhancing the value it delivers to its own customers," Happell said. Apex is aggressively expanding ... |
| | | | ... assets," said Jonathan Baird, head of Australian wealth distribution. "We are delighted to have John join Barings with his level of expertise and calibre. He has a proven track record of building long-standing client relationships and growing businesses." ... |
| | | | The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ... |
| | | | ... barriers that impact US exports. In what Trump described as a "kind" gesture, the US tariffs would be imposed at half the level of these calculated tariffs and other non-monetary barriers placed on US goods. For example, the Trump administration calculated ... |
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