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| | | ... who topped up their investments, particularly their superannuation, felt the most confident about their finances. At the point of retirement, 34% of retirees had converted their superannuation to a regular income stream or pension account, while 27% ... |
| | | | ... early-stage levels. "For VC funds in particular, large portions of their investors would be unable to continue to invest, to the point of fund closure. Even the largest venture capital funds have over 200 individual investors, indicating the relatively ... |
| | | | Men and women who work in financial services intend to retire earlier compared to the average worker, new data from the Australian Bureau of Statistics (ABS) reveals. Men who work in the finance and insurance industries intend to retire at 64 years ... |
| | | | ... Australia and New Zealand. Since December 2021 it has divested some $1.6 billion in non-core assets. "This is a turning point for Cromwell to focus on leveraging the exceptional team we have in Australia, to drive value from our local asset and funds ... |
| | | | The Reserve Bank of Australia (RBA) board has confirmed it discussed both leaving interest rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference ... |
| | | | ... solid footing longer than expected. This stability might persist for a while longer, though there could eventually be a point where consumer spending slows down, and the impact of infrastructure investments begins to show, albeit with long and variable ... |
| | | | ... signed, and, at that time, the funds said they had 170,000 member accounts and $27 billion. It was also confirmed at that point that Vision Super chief executive Stephen Rowe would be chief executive of the merged fund, with Active Super chief executive ... |
| | | | The current market is ripe for active equity fund management skills to shine given the price dislocations, and most notably in regions outside of the US, according to J.P. Morgan Asset Management. Every time the spread widens out between the most expensive ... |
| | | | Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ... |
| | | | Australia is at risk of getting left behind if it does not adopt the T+1 settlement cycle along with major global financial centres, according to operations experts who spoke at the Stockbrokers and Investment Advisers Association Conference (SIAA) ... |
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