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Showing 491 - 500 of 5395 results for "Third"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... investment officer of MIAL, who was responsible for overseeing the investment of funds in managed investment schemes by third party investment managers," court documents show. Justice Horan said "it is vital that consumers in the financial services industry ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... savings in UGC-related products by having calls made to prospective clients using details including those obtained from a third-party website operator, offering them a free superannuation 'health check,'" ASIC said. "[UGC] through its authorised representatives ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... some form are doing so through ETFs and ETPs. Over half of them (54%) use Bitcoin as part of client trading, and around one third (31%) use brokerage to handle Bitcoin and one in six (16%) are proprietary traders. Usage of other cryptocurrencies is also ...

Most Australians proactively retire: Research

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... closely followed by enjoying freedom and flexibility to be spontaneous (20%), family time (17%), and travel (15%). About one third (32%) of Australians said they retired out of necessity. Psychology professor and the study's lead researcher Joanne ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... costs of living, complaints involving financial difficulty rose 14% to 5525. home loan complaints accounted for nearly one third of these. The fact this number was not even higher could be seen as testament to the impact of laws requiring responsible ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
A new Natixis Investment Managers survey finds that the US election is the most significant risk to the market and could ultimately vary Australian superannuation funds' investment strategy. The 2024 Strategist Outlook, commissioned by Natixis ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... has seen South Australia top the economic performance leaderboard in the latest CommSec State of the States report for the third quarter in a row. The State of the States report assesses the performance of state and territory economies compared with ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... return for the year and placed ninth over a five-year period with a 12.4% return. The Smallco Broadcap Fund followed in third, delivering a 26.2% return for the year. It also ranked seventh and ninth over three- and five-year periods, respectively. The ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... New South Wales has the most companies enter administration in FY24 at 4634, followed by Victoria (2862) and Queensland at third with 2036 administrators appointed. Other states maintain the figure well below 800, with Northern Territory only seen 43 ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
After Perpetual reported worse than expected outflows yesterday, Morningstar has lowered its fair value estimate for the 138-year-old wealth giant. However, it says things aren't all bad. In a quarterly update yesterday, Perpetual disclosed $8.9 ...