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Showing 441 - 450 of 3661 results for "Maintain"

Advisers encouraged to embrace AI

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
The Investment Trends Adviser Technology Needs Report found financial advisers are showing a strong demand for better technology integration as they look to consolidate their tech stacks. Interestingly, the survey found the adoption of artificial intelligence ...

World's largest pension fund returns 22.67%

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
Japan's $2.27 trillion Government Pension Investment Fund (GPIF) reported a 22.67% return for the fiscal year ending 2023. This performance was driven primarily by domestic equities, which yielded 41.41% return, and foreign equities, which returned ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... govern the usage of member funds. The amendments to the bill facilitate the passage of the first tranche immediately, maintain consumer protections, and support access to financial advice for the five million Australians at or approaching retirement," ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Cbus has reported an 8.35% return for its growth MySuper investment option for the last financial year. The $94 billion industry fund said that the option has averaged an annual return of 7.73% over the past 10 years. It has achieved an average annual ...

Ausbil reshuffles distribution team

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
... Management about 10 months ago - will appoint a specialist to manage research houses, independent consultants and platforms to maintain and enhance fund ratings and positioning in managed accounts. In the interim, distribution manager Fawaz Rashid will ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... government should make it a legislated regulatory objective of ASIC's or other regulatory bodies to establish and maintain a high level of transparency of investigation and enforcement outcomes. This would include a searchable public register of ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... higher structural inflation and greater macroeconomic volatility than experienced in recent times. "It's critical we maintain a well-diversified, resilient portfolio and the expertise to identify opportunities in this environment that add long-term value ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... its strong long-term investment performance. She added that strong long-term investment performance would help retirees maintain their savings while they draw an income stream. "It was fantastic to see that our income stream balanced growth option returned ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
An internal investigation into the recent breach of Iress' GitHub user space found no evidence any of its client data was compromised, however 20 OneVue employees and clients weren't so lucky. On May 11, Iress' private user space on third-party ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... advice services, business address and telephone number," ASIC said. AFSLs can rectify incorrect information by lodging a "maintain transaction" via ASIC Connect that comes with a fee. "It is a serious offence to knowingly provide false or misleading ...