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Showing 31 - 40 of 7921 results for "Data"

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... which would largely comprise low-income earners," the paper read. The research looked at the Australian Taxation Office (ATO) data of 300,000 people to assess the distribution of superannuation balances for prospective first-home buyers aged 25-34 across ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... the past decade. Research by CoreData indicated close to twice the growth in the number of new women millionaires to men. Data from 2023 found male millionaires were growing at 3.6% per year, while female millionaires were growing at a rate of 5.7% per ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... outcomes for members, but funds lack complete information on their members. As such, trustees must develop a plan to address the data gaps to "construct better segmented cohorts of members." The RIC also provides "real opportunities as well as challenges" ...

Why active managers are falling behind in emerging markets

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... research showed emerging markets equities active managers have failed to generate, on average, higher excess returns, with data revealing the median active manager has underperformed the benchmark in 10 out of 14 calendar years. VanEck portfolio manager ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... bank. Instead, they covered superannuation, conduct in selling complex financial products, shareholder class actions, and data breaches. On 22 December 2023, a class action was filed against Rest alleging it signed new members up for income protection ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... the last four years, it is no surprise that consumer sentiment has plummeted to new lows. Consumer confidence, particularly data from retail sales, is still in negative territory and sits at a low not seen since the 1990s recession, Paton said. "Don't ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... The latest round of the internal dispute resolution (IDR) reporting regime saw 87% of small financial firms submit their data to ASIC. The deadline for the third round of reporting, which forced a total of 8600 financial services firms to submit data ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... net proceeds from the sale will be used to retire debt, enabling Iress to focus on growing its wealth, trading and market data, and superannuation core businesses. Iress chief executive Marcus Price explained that the previously announced decision to ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... an annual growth rate of 12.11% in 2023," Milliman practice leader, Australia Victor Huang said. "The subsiding inflation data, receding recession risk, along with the tech sector growth were key drivers for the strong equity performance and provides ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... markets were down 20%," the report said. Hamilton Lane indicated that private market valuations are realistic support by data showing private equity's stronger revenue and EBITDA compared to public companies in 2022 and 2023. It attributed this to better ...