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Showing 591 - 600 of 4600 results for "RAISE"

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... expense ratio revealed that it was above benchmark for a personal product. At the time, Rainmaker said: "Elevate needs to raise FUM and revenue very quickly to survive a competitive landscape. With the regulator's [APRA's] rhetoric focusing on less ...

Lumiant secures $5.2m seed funding

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
Lumiant has closed another seed funding round totaling $5.2 million amid plans to strengthen its US presence and build out a mobile advice solution. The Sydney-founded advice and client engagement platform said the funding came from Invest Blue and ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
Andrew Lill, the chief investment officer of $70 billion super fund Rest, says the role of a CIO is changing and not just because investment heads have to respond quickly to more volatile markets. Increasingly, investment chiefs must consider a range ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... inflation to fall to its 2-3% target but without delivering a recession," he said. Overnight, the Bank of England opted to raise interest rates, hiking them a further 25 basis points to 4.25%.

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
Kicking off day two of the Conference of Major Superannuation Funds, minister for home affairs and cybersecurity Claire O'Neil shared some harrowing truths about the intensity of cyber threats on Australian super funds. "Two of my biggest responsibilities ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... solution as the system is quite connected. "And the system vulnerability will depend on who's the weakest link. If we can raise the bar, everyone would benefit from that," she said. She said it's work that is supporting what super funds are already ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... sperm and whether they undergo certain treatments such as intrauterine insemination or IVF." They say it takes a village to raise a child and you can understand why; Suncorp Bank Cost of Kids Report reveals the price of raising a child in Australia has ...

ASIC grants MSC Trustees new powers

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... MSC group managing director Matthew Fletcher said: "This is a fantastic development for Australian companies seeking to raise debt and a positive outcome for retail and wholesale investors." "Raising capital from the Australian corporate debt market ...