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Showing 641 - 650 of 5900 results for "Second"

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
The Super Members Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... Yellow Folder. UniSuper chief investment officer John Pearce and Aware Super chief investment officer Damian Graham ranked second and third, respectively, with no change in the top three from the previous year. Meanwhile, Hostplus chief executive David ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... investors and traders in Australia, revealed a contraction to 1.22 million active online investors, a 5% reduction in the second half of 2023, marking a slowdown from the 15% drop recorded in the first half of that year. Access to international equities ...

Family offices struggling to recruit: Study

CHLOE WALKER  |  MONDAY, 5 FEB 2024
... biggest obstacle to recruitment is the increasing complexity of regulatory issues faced by their companies worldwide. The second biggest challenge is the rapidly increasing salaries of compliance and legal professionals, followed by the growing competition ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... know what is expected and they see the likely media coverage of the initiative they'll get their act together on the second round," she said. And while White believes companies are prepared to report "from a technical perspective", they may face ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
... minority share of Payapps, with an initial investment of approximately $50 million marking the inaugural venture for IFM's second Growth fund. The proposed transaction, anticipated to finalise in February, represents the first exit for IFM's second Growth ...

Perpetual weathers $4.3bn in outflows

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... its total assets under management (AUM) rose 1% to $213.9 billion, buoyed by positive market movements, as detailed in a second quarter FY24 business update. Perpetual chief executive Rob Adams said it had been a "difficult period for active asset managers," ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... of member services Jessica Rix has landed at Aware Super in a similar role. Rix has spent two years at the country's second-largest superannuation fund, developing member strategy, delivering advice and looking after guidance and education for members. ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
abrdn will cut 10% of its workforce as part of a cost cutting exercise following significant outflows in the second half of 2023. The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... of Australia's economy, the IMF reported a decrease in economic growth from 3.7% year-over-year in 2022 to 2.1% in the second quarter of 2023, attributing this to persistent inflation and elevated interest rates which have raised the cost of living and ...