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Showing 411 - 420 of 3169 results for "Times"

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... continue as a trustee in the long term." Diversa and its suite of super products has been plagued with scandal in recent times. Last year, numerous products were shuttered after they failed to reach meaningful scale. In December 2022, ASIC fined Diversa ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... $114 million sales inflows. GDG chief executive and managing director Grant Hackett called this a solid result in uncertain times. "The business experienced solid inflows in the second quarter of $114 million, taking our year-to-date inflows to $250 ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... due to a general expenses breach. "The maximum amount of fund income taxable at the highest marginal rate would be five times the level of the general expenditure breach, calculated as the difference between the amount that would have been charged as ...

Managed accounts growth to continue: State Street

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... last 12 months. "The US model portfolios market is something like $2 trillion. But I don't see us as being behind the times, I think it comes down to the size of investable assets between the two regions," she said. "In 2019, Australian managed account ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... fund's benchmark indices, the MSCI ACWI and MSCI EM, have fallen around 20%. While GQG's share price has fallen in recent times, Abernethy commented that the funds focus continues to be delivering alpha to clients. "The surest way we can succeed ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... to suffer low relative performance. The regulator is expecting funds to deliver positive above-benchmark results in bad times as well as good." Meanwhile, Frontier Advisers principal consultant David Carruthers pointed out that the release of the second ...

PPS Mutual unveils new income protection product

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... the removal of tapering on claims over age 60 for new applicants, the new IP Select offers greater certainty to members in times of need," PPS added. Members will also continue to benefit from own occupation definition throughout the duration of all ...

Lifespan welcomes markets veteran to investment committee

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
... Invest. Lifespan chief executive Eugene Ardino said the committee would be strengthened by Pain's deep experience and at times different way of viewing the world. "Each Lifespan Investment Committee member has been chosen for their diverse background ...

National gender pay gap stuck at 22.8%: Data

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... in place that address challenges like workforce shortages by tailoring factory shifts around school pick-up and drop-off times or promoting and role-modelling - flexible hours or part-time work arrangements among managers and executives."