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Showing 671 - 680 of 7961 results for "Total"

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... This compares with a rise of 49% in the male population, which stands at 2338. In aggregate, billionaires increased their total wealth by 121% during the period. Their fortunes more than doubled from US$6.3 trillion to US$14 trillion. Those who work ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... ETFGI reported that by the end of November, the global ETFs industry saw a record US$1.67 trillion in net inflows and a total of US$15.12 trillion in assets. November alone saw net inflows of US$219.95 billion, contributing to the year-to-date total ...

Venture capital exits expected to grow in 2025: Preqin

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... but the year wasn't without its hurdles, according to research from Preqin. Over the course of 2024, 800 funds raised a total of US$84.8 billion by Q3, compared to 1645 funds raising US$135.9 billion in 2023. Asia Pacific (APAC) accounted for US$1.6 ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... issued to Active Super by Challenger Life. According to APRA data, about 190 members currently hold the product, with a total just over $15 million in funds under management. Active Super explained that the Guaranteed Income products are not being included ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... behalf of 21 original group members. Just prior to settlement another 10 joined the class action, giving a result for 31 in total. While the settlement amount is still confidential, lead lawyer for the class action Michael Chapman told Financial Standard ...

NEOS updates medical definitions, labels

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... deficit" changing to "Benign brain or spinal cord tumour (resulting in irreversible neurological deficit)". "Loss of hearing (total and irrecoverable)" has changed to "Loss of hearing (profound and irrecoverable)". Another change of name is for "Pulmonary ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... explanation or apology only, or no remedy (43%), followed by a service-based remedy (39%) and a monetary remedy (13%). In total, 623,555 complaints resulted in a monetary remedy, collectively totalling over $375 million. ASIC said that while it does ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... example, paid just $16 million in compensation. However, Dixon Advisory victims are expected to receive nearly $400 million in total that advice firms and major companies will have to fork out. Hence, FAAA chief executive Sarah Abood is calling for more ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... have been elemental to the fund's returns, though liquidity, risk management, and valuation practices are solid. The total portfolio approach is a center of investing excellence, with expectations high for insights from the fund's new investments ...