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Showing 31 - 40 of 1738 results for %22Ant Financial%22

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
Australian economic growth is slowing due to tighter macroeconomic policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic ...

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
... sees the restructure as an opportunity to take some time out to refresh and is looking to rejoin the superannuation/financial sector over the coming months. He is the third senior executive to depart Mercer in recent months following the acquisition ...

Distribution salaries tipped to rise: Insights

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... range jumping from $140,000 - $200,000 to $200,000 - $250,000. With all that in mind, the survey found about 56% of financial services businesses expect to increase salaries this year, while 63% of professionals are expecting to receive one. At the same ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... high-net-worth segment, Powerwrap, has lost $334 million in funds under administration (FUA) after a small number of financial advisers switched advice groups. The ASX-listed firm said the exit of advisers in the last quarter of 2023 had an "abnormally ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... report read. "Policy rates are therefore likely to remain at heightened levels compared with periods following the Global Financial Crisis and COVID-19 pandemic." The fund manager maintains its position on sticking to a 60-40 portfolio, confident in ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... retirement. "For as long as we can remember the Australian dream has been debt-free home ownership, which provides the financial foundation and security for a comfortable retirement," AMP director retirement Ben Hillier said. "While home values and super ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... four or five years ago with several new entrants coming into the market," Barings managing director Justin Hooley told Financial Standard. "From a supply side perspective, this has resulted in about half a dozen decent, capable managers, giving private ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... recommendations made during the recent Quality of Advice Review (QAR) to improve the accessibility and affordability of quality financial advice. The paper said it would also aid in alleviating the challenges faced by superannuation trustees as they ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... volatile macroeconomic environment as they attempt to recoup massive losses, a new study shows. The Official Monetary and Financial Institutions Forum's (OMFIF) latest survey of 50 pension funds and 50 sovereign wealth funds - which included Australia's ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
The UK's Financial Conduct Authority (FCA) has proposed mandating personal investment firms, commonly known as investment advisers, to pre-emptively calculate and secure sufficient capital for potential redress liabilities. The financial regulator is ...