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| | | The International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia's consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced ... |
| | | | ... over-65s. The report found more than 20% of workers retired before 60, sometimes they occur earlier due to ill health or to care for family members. Further, of those aged between 65 and 69, who are currently employed (32% of the full cohort), around ... |
| | | | Franklin Templeton has added Cooper Investors' head of intermediary distribution Rebecca Morgan to its sales team. Felicity Walsh, managing director of Franklin Templeton Australia and NZ, confirmed that Morgan has joined the global asset manager ... |
| | | | The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease ... |
| | | | Adelaide-based financial services and accounting firm Perks has acquired local accounting and business services company, GPK Holdich. Perks said the partnership will further strengthen the firm's position as one of Australia's largest independently ... |
| | | | AMP has given a positive Q3 market update with its platforms business seeing $750 million in net cashflows, up 76%. In addition, MyNorth inflows from independent financial advisers were up 47% for the quarter to $832 million. This has brought platform ... |
| | | | JANA Investment Advisers will now provide asset consulting services for LeavePlus, a $2 billion portable long service leave scheme for Victorian construction industry workers. Formerly known as CoINVEST, LeavePlus administers the scheme for 280,000 ... |
| | | | Australia no longer has the top ranking retirement system in Asia Pacific and has also slid down the ranks globally, with experts saying it's the result of a lack of focus. According to the 16 th annual Mercer CFA Institute Global Pension Index ... |
| | | | ... would only heighten that. "Women already retire, on average, with around 25% less super than men, with time taken out to care for children and other family members significantly contributing to lower balances," she said. "Many are also leaving the workforce ... |
| | | | GSFM has recruited a new head of retail business who will join the multi-boutique from Warakirri Asset Management. Ben Williams officially starts on October 21 and will report to GSFM chief executive Damien McIntyre. He replaces Stephen Fletcher, who ... |
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