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| | | ... will be little change [to the cash rate] during the first half of the year (subject to any inflation shocks," he said. "By mid-year we should see rates come down by at least 50 basis points over the second half of 2024, as inflation heads towards the ... |
| | | | Mine Super and TWUSUPER, expected to finalise their merger by mid-2024, will unite under a new name - Team Super. Mine Super chair Christina Langby and TWUSUPER chair Nick Sherry said the name Team Super not only honours the combined industry heritage ... |
| | | | Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ... |
| | | | The federal government has released its 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO), revealing a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. Since the last election, the government has identified ... |
| | | | AustralianSuper has bolstered its existing mandate with Nuveen affiliate, Churchill Asset Management, increasing the investment program size to US$1.5 billion. The A$300 billion super fund and asset manager's partnership, first announced in December ... |
| | | | The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ... |
| | | | In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ... |
| | | | ... unmet advice needs of Australians require a different approach. It said establishing a new category of "super firms" like the mid-tier model seen in accounting and professional services will be the future blueprint for successful advice businesses in ... |
| | | | Queensland Investment Corporation (QIC) has expanded its international footprint, opening a new office in Singapore, aiming to strengthen local partnerships and capital opportunities with Asian-based institutional investors. QIC chief executive Kylie ... |
| | | | ... further... we expect the gap between sentiment and formal valuations to erode substantially over the next six months so that by mid-2024 the picture will be clearer for buyers and sellers alike, helping to restore confidence and liquidity." While reductions ... |
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