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Showing 501 - 510 of 8064 results for "Today"

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
... that for a 35-year-old who used super to form a 20% deposit on a $800,000 unit, the value of that equity in the unit in today's dollars would be worth $1.2 million 30 years later at the point of retirement. This is compared to only $319,000 had it remained ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... unresponsive, and not member focused." Overnight, UniSuper told members they would be able to log in to their accounts from midday today and that account balances displayed would be as at last week. Still, transactions will not be possible, the fund ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... has reacted negatively to KKR's offer, with Perpetual's share price tanking over 7% yesterday and continuing to decline today. The broker attributed this to the announcement lacking critical details, such as the exact amount of proceeds shareholders ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Reserve Bank of Australia (RBA) left interest rate unchanged at the May meeting, as was widely expected by economists. But some have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... reported to be progressing with due diligence and nearing finalisation. However, the merger with CSC ultimately collapsed. Today, Sykes said that ART was an attractive choice as a merger partner due to its similar culture and member-first alignment. ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... price rose 1.14%, marking a 27.38% increase over the last six months. Separately, GQG Partners in its monthly FUM update today, reported a loss of US$1.4 billion in April, bringing its FUM down to US$142 billion. But the fund manager has had net inflows ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... former abrdn head of retirement, and digital innovation Jason Nyilas formed last year but never officially launched until today. The group aims to help Australians access affordable and accessible advice. It will also contribute to the FSC's policy ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
ASX chair Damien Roche has announced former APRA chair Wayne Byres will join the ASX board, effective today, as non-executive director. Roche said he was delighted to welcome Byres to the board, and he looked forward to "drawing on his deep financial ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... understandable, consumable, and insightful as their biggest challenge with data management. "Many of the challenges we're seeing today come back to the same core issue: data," incoming president of Northern Trust in Europe, Middle East, Africa (EMEA) ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment policy document to make the nation a more attractive place to invest, and at the same ...