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Showing 651 - 660 of 9229 results for "Benefit"

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... (DLT) would lead to less manpower to perform tasks such as checking and managing share dealing and translate to a 30% benefit to profit on average. For the average fund, tokenisation is expected to generate a 30% cost saving on fund accounting, 25% on ...

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
The local ETF market is expected to see net inflows of over $50 billion this year, bringing total funds under management (FUM) to $300 billion, according to new analysis from State Street. The growth, driven by increased active strategies, expansion ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... enormous, unofficial, amount of usage. The from the official side, there has been a lack of clear direction." Kollo said to benefit from the use of AI, companies need to change the narrative with their staff to focus on the positive rather than the risks. ...

Stockspot officially launches low-cost super offering

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... "Super funds should be investing in assets that are transparent, fairly priced, and efficient-not complex structures that benefit fund managers more than members." The new super fund will also maintain a meaningful gold allocation, which Stockspot said ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... just weeks to live. Meanwhile, ASIC has turned its attention to AustralianSuper, investigating claims of delays in death benefit payments - raising questions about whether the system designed to protect members is instead failing them at their most vulnerable. ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... global custody providers with significant scale and expertise," Yamamoto said. "This strategic move will ensure our clients benefit from State Street's global platform and deep expertise." Notably, State Street's assets under custody for Australian ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... the differences in treatment should be addressed. The illiquidity premium cap over longer terms is too low for the real benefit that life insurers can get when their liabilities are not liquid," he said. Furthermore, Asher said the formula used did not ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... Qantas Super's head of defensive assets. In that role, he looked after the defensive asset portfolio and the defined benefit investment strategy and oversaw investment implementation and currency. Grogan has been with the superannuation fund for ...

Super fund looks to AI

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... analytics, modelling, and AI systems to unlock strategic insights and help Aware achieve transformative results for the benefit of our more than 1.1 million members," Collins said. The operating chief noted that Aware Super had recently completed a three-year ...

Global active equity managers suffer their worst year in decades

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Global active equity managers faced their toughest year in over two decades in 2024, according to Frontier Advisors. Frontier Advisors said heightened market concentration and US equity dominance created formidable headwinds, with most managers struggling ...