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Showing 4171 - 4180 of 29064 results for "PRI"

AFCA chief to serve second term

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
David Locke has been reappointed as chief executive and chief ombudsman of the Australian Financial Complaints Authority, as the body marks $1 billion in compensation delivered to consumers since its inception. Locke will serve a second five-year term ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The International Monetary Fund (IMF) has reported a significant decrease in global economic growth, reaching a 20-year low. The IMF World Economic Outlook 2023 report said there were tentative signs in early 2023 that the world economy could achieve ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
New data from the Australia Institute indicates middle-income earners receive just 7% of economic growth per person since 2009, while the top 10% keep getting richer. The data, taken from the World Inequality Database (WID) that shows real national ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
The Clean Energy Finance Corporation (CEFC) has committed up to $80 million in a private equity fund that will invest in a range of mid-market companies while driving decarbonisation at the same time. CEFC will invest in Crescent Capital Partners (Crescent)'s ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Pacific Current Group (PAC) has acquired a minority investment in San Francisco-based private equity firm Cordillera Investment Partners (Cordillera). The $44.9 million deal will see PAC take on 16.4% of Cordillera's revenues, both management fees and ...

Mercer Super names key executives

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Following the merger with BT Super, Mercer Super has a new chief investment officer and a personal super and member experience lead. Corrin Collocott has been named chief investment officer, Mercer Super and Multi-Sector. He will also play a deputy ...