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| | | Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ... |
| | | | Norway's sovereign wealth fund has reversed its fortunes, clocking a 16.1% return for 2023 following the -14% it recorded the previous year. Norges Bank Investment Management reported the Government Pension Fund Global raked in a return of $322 billion ... |
| | | | ... merit-based variables such as education, years of experience, function, industry etc. "Regarding the adjusted pay gap, one of the big issues holding us back from making more progress is that there's a perception that there isn't an adjusted pay ... |
| | | | While there is a range of digital innovation opportunities suited for different types of funds, Northern Trust says tokenisation is a key innovation the funds management industry must embrace. In a recent whitepaper, titled The future of funds, Northern ... |
| | | | ... satisfaction surveys. With a profit-for-purpose social enterprise model, Bendigo has enjoyed a better reputation than its Big Four peers because of its culture of putting customers first. For three years, Rix has been on the judging panel for the CX ... |
| | | | ... pointed to several structural factors that could be inflection points, such as higher neutral interest rates, because of a big budget deficit in the US, and retiring baby boomers depleting their savings. He also cited more involved regulators and growing ... |
| | | | ... product analysts, who could take home as much as $150,000. Meanwhile, Robert Walters expects investment specialists to see a big jump in pay this year, with the salary range jumping from $140,000 - $200,000 to $200,000 - $250,000. With all that in mind ... |
| | | | The local ETF industry ended 2023 at an all-time high, with a total industry market capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth ... |
| | | | ... 2-5% on multi-millionaires and billionaires locally. The government should also introduce a permanent windfall profits tax on big corporations, it said. Fossil fuel subsidies should also be ended, it suggested. |
| | | | ... intention to wind down custodial operations last November, wrapping up a 16-year custodial partnership with Prime Super. The big four bank decided to close its Asset Servicing business by 2025 following a strategic review and mandate losses. "Prime Super's ... |
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