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Showing 621 - 630 of 4868 results for "DIVI"

Iress outlines product-led growth strategy

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
Iress chief executive Marcus Price has detailed his strategy to drive company growth, capturing opportunities in financial advice and investment management. During the company's AGM, Price explained that under the new plan, Iress would adopt a product-led ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
AustralianSuper's head of allocation and research is the latest executive to relocate to the asset owner's burgeoning London office. After eight years working at the $250 billion super fund, Carl Astorri has been appointed head of investments ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
A man and his father-in-law were charged by the US regulator for running a $30 million Ponzi scheme in which they targeted churchgoers, gaining their trust with claims their wealth and success was due to divine intervention. According to the SEC, between ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
The Financial Advice Association Australia (FAAA) has supported the government's experienced adviser pathway proposal, though suggests the measure be better targeted. The proposal, opened to consultation last month, seeks to clarify the educational ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The Australian Securities Exchange is seeking stakeholder feedback for its CHESS Replacement Partnership Program as it updates the eligibility criteria for potential participants. The CHESS Replacement $70 million Partnership Program canvasses industry ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
As anticipation builds for today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
Rich Australians who possess $1.9 million on average make up nearly two thirds of total household wealth, a new study finds. A new paper from the Actuaries Institute, Not a level playing field, examined the wealthiest and poorest 20% of the population ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
Australian Retirement Trust has promoted two people to more senior roles within the risk function. The $240 billion super fund has promoted Nick Horn to head of investment risk and Bridget Piggott to head of risk. Horn will report to Anne Browne as ...

Aware retires VicSuper brand, expands investment menu

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
As VicSuper members migrate to Aware Super on May 11, a wider range of investment options will be made available to them. Aware Super will finally retire the VicSuper brand next month, just shy of its 30 th birthday. The brand was retained in the merger ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...