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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
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