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Showing 571 - 580 of 5326 results for "Third"

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... leveraged exposure to the exchange rate, which means that for investors to achieve a 100% hedge, they only need to allocate one-third of the capital, Rochford explained. It requires a minimum investment of $20,000, with the liquidity deliberately set ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... anticipates further actions to address these systemic member service failures. During the quarter, ASIC also filed its second and third greenwashing matters, with allegations of misleading statements made against Vanguard Investments Australia and Active ...

APAC looks to data-driven future: State Street

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... management and usage, according to State Street's latest report. The State Street Data Opportunity Study, conducted in the third quarter of the year, analysed responses from 520 global asset owners and managers, 35 of them Australian. Of the respondents ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... retrain, he said. "His clients will lose the benefit of his skills as will the companies to which he has provided his services. Third, his conduct did not harm a client and, it has to be conceded it did occur in unusual circumstances. These factors are ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... consumer price index (CPI) is well above the RBA's target, underlying inflation pressure remains evident. "Headline CPI in the third quarter of the year lifted 1.2%, in line with our forecast, but a tick above consensus, and a re-acceleration from 0.8% ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... number of small and large wealth managers are underprepared for cybersecurity breaches particularly when it comes to managing third-party providers, a new report from ASIC finds. Wealth managers across the spectrum have a long way to go to prove that ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
Most Australians acknowledge the importance of superannuation in achieving financial independence, however one-third of the population feels ill-prepared to navigate unforeseen financial hurdles. According to the latest Financial Freedom study conducted ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... declining in September from 6% to 5.4% on a year-on-year basis. On a quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing the 0.8% increase in June. "The latest reading on CPI inflation indicates that while goods price inflation ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August, Edge is the third platform CFS has on offer, together with FirstChoice and FirstWrap. CFS group executive Bryce Quirk said "the new relationship ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... failed, it did achieve this goal; if Kogan Super had been a MySuper product, its fees of just 0.67% would have made it the third cheapest in market, just behind Vanguard and ANZ Staff Super.