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Showing 41 - 50 of 5306 results for "Second"

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... investment option in a different trustee's choice product was monitored for underperformance over two years and in the second year the trustee took action to reduce the available investment limit for the option. While not conclusive, this suggests that ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... 28.6 cents. Iress said it managed to curb its significant multi-year cost growth by implementing strategic measures in the second half of the year, including reducing its overall headcount to lower staff expenses. However, costs still rose by 6% compared ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... they can tend to. Last year, assistant treasurer Stephen Jones revealed the first two tranches of the QAR reforms. The second phase proposes opening financial advice to banks, super funds, and insurers. On the point that accountants appear to be missing ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... "These results, highlighted by an increase in profit and cash earnings, continue the strong momentum we recorded in the second half of FY23," Humphreys said. "The strength of our financial position and enviable acquisitions pipeline means we are well-positioned ...

Funds SA hires ESG expert

ELIZABETH FRY  |  MONDAY, 19 FEB 2024
... various project management and investment-focused positions. The recruit recently returned to Adelaide after spending the second half of 2023 studying a Master of Science (Public Policy and Management) in the US. Before the study break, she worked at ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... Magellan Global closed class listed investment trust, with plans to transition it to an open-end structure anticipated in the second quarter of the 2024 calendar year, Morningstar added.

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... healthier, longer, and better lives, and achieving high performance." According to recent data from APRA and ASIC, AIA is the second largest player in the group insurance sector in Australia. It has a 29.5% market share, providing life insurance to 2.35 ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... Yellow Folder. UniSuper chief investment officer John Pearce and Aware Super chief investment officer Damian Graham ranked second and third, respectively, with no change in the top three from the previous year. Meanwhile, Hostplus chief executive David ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... investors and traders in Australia, revealed a contraction to 1.22 million active online investors, a 5% reduction in the second half of 2023, marking a slowdown from the 15% drop recorded in the first half of that year. Access to international equities ...