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| | | ... the record high of 72% reached in January 2022. Levine stated that the decline in customer satisfaction has occurred since mid-2021 due to the volatility experienced by the ASX200. "Retail funds are down 8% to 58.9% and are at their lowest level of satisfaction ... |
| | | | Prime Minister Anthony Albanese will amend the Stage 3 income tax cuts package, flagging that everyone is set to benefit from the changes. Albanese told radio station 2GB that all taxpayers will receive a tax cut. However, those earning over $180,000 ... |
| | | | Australian Ethical is transitioning its administration to Grow Inc in 2024, while also aspiring to accelerate growth in response to an increasing preference for ethical investments, says chief executive of superannuation Ross Piper. In an interview ... |
| | | | SimCorp has appointed Enzo Cotroneo as its new country manager for Australia, tasking him with spearheading business development and the strategic direction for the investment firm's growth in the local market. Cotroneo, who's appointment took ... |
| | | | ... will be little change [to the cash rate] during the first half of the year (subject to any inflation shocks," he said. "By mid-year we should see rates come down by at least 50 basis points over the second half of 2024, as inflation heads towards the ... |
| | | | Mine Super and TWUSUPER, expected to finalise their merger by mid-2024, will unite under a new name - Team Super. Mine Super chair Christina Langby and TWUSUPER chair Nick Sherry said the name Team Super not only honours the combined industry heritage ... |
| | | | Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ... |
| | | | The federal government has released its 2023-24 Mid-Year Economic and Fiscal Outlook (MYEFO), revealing a deficit reduction of $1.1 billion, an improvement of $12.8 billion from earlier projections. Since the last election, the government has identified ... |
| | | | AustralianSuper has bolstered its existing mandate with Nuveen affiliate, Churchill Asset Management, increasing the investment program size to US$1.5 billion. The A$300 billion super fund and asset manager's partnership, first announced in December ... |
| | | | The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ... |
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