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Showing 541 - 550 of 4052 results for "LIT"

Lumiant receives $3m investment from US wealth manager

CASSANDRA BALDINI  |  FRIDAY, 3 JUN 2022
Lumiant announced it secured a $3 million investment to support its expansion into the US from Savant Wealth Management. Lumiant launched in the US just last month and aims to use its new resources to bankroll rapid expansion in the country. Its chief ...

No place for crypto in insto portfolios: PGIM

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
PGIM has made clear its thoughts on cryptocurrency, labelling it 'portfolio kryptonite' and saying it adds little to institutional investment portfolios other than a whole lot of risk. In its latest Megatrends paper, investment professionals from across ...

ASX board diversity stagnating: Report

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
Nineteen per cent of female ASX 300 directors are dominating close to half of all female-occupied seats, according to diversity insights showing little has changed in the last 12 months. The 2022 Board Diversity Index, launched by the Governance Institute ...

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
Risk inflows grew 5.5% in 2021, with MetLife, NobleOak and QInsure seeing the greatest growth. Latest stats from Plan for Life show life insurance risk inflows increased from $16.7 billion in 2020 to $17.6 billion at 2021 end. MetLife, QInsure and NobleOak ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
The Australian Institute of Superannuation Trustees has acknowledged the difficulty of implementing industry-wide rulesets and has released its future crisis contingency planning recommendations to APRA. In its submission, the AIST said the balance ...

Finalists announced in 2022 MAX Awards

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
The finalists for the 28 th annual Financial Standard MAX Awards have been named, with voting now open until May 13. The Financial Standard MAX Awards highlight individuals, teams and organisations in the financial services industry excelling in the ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, HESTA chair Nicola Roxon shared her strong conviction about the role representative trustees have at industry funds. "I think you get incredible insight from these people who are very close to our 400,000 members," she said. ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
A newly released consultation paper from the ASX suggests changes to the existing rule framework may be needed to better serve investor needs, including the merger of AQUA and Warrant Rules. Releasing the paper yesterday, the ASX said it wants to provide ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
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." ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...