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| | | While Australian investors are overall less trusting of the financial services industry and financial advisers than global peers, a new survey has found levels of trust to be robust. Data from the CFA Institute Enhancing Investors' Trust study revealed ... |
| | | | The super fund is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that ... |
| | | | The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ... |
| | | | The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ... |
| | | | Brad Gowenlock and Esther Fang have each been welcomed as partners in Pallas Capital's distribution team. As part of their roles, Gowenlock and Fang will be servicing high-net-worth investors, family offices and institutional investors in Australia ... |
| | | | From its daily peak, the SP500 index fell 2.61% after Federal Reserve chair Jerome Powell flagged aggressive rate hikes. At an International Monetary Fund panel discussion, Powell said: "It is appropriate, in my view, to be moving a little more quickly." ... |
| | | | SMSF administrator Heffron has appointed a head of product, hiring from BT. Kate Sheringham has joined Heffron in the newly created role, moving on from BT where she spent the last six years as national manager, SMSF products. In the new role, Sheringham ... |
| | | | The prudential regulator has set out in a letter its initial risk management expectation for individuals that engage in activities associated with crypto assets, as well as a policy roadmap for the future. In particular, APRA expects that all regulated ... |
| | | | BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ... |
| | | | As demand for ESG expertise within super funds continues to grow, latest insights show investment professionals that fit the bill could command up to $300,000 per annum. According to Kaizen Recruitment's 2022 salary guide for those in the ESG space ... |
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