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Showing 51 - 60 of 1155 results for "Population"

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... next decade, higher interest rates and the rising debt stock will increase the interest service burden, while an aging population and rising healthcare costs will raise spending on the elderly absent fiscal policy reforms," Fitch said. Of note, the Congressional ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... the largest number of advisers. Assistant treasurer Stephen Jones flagged that he plans to bolster the waning adviser population by looking at all levels of tertiary education so that there is a "logical pathway" to encourage students into the profession. ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Lonsdale said the finalisation of CPS 230 will strengthen the management of operational risk across APRA's regulated population. "Disruptions to financial services can cause a major detrimental impact to the people who rely on them to pay bills ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... firms AMP Financial Planning, Synchron, and Charter farewelled the largest number of advisers, dragging down the total population to 15,708 from 16,415 at the end of the 2023 financial year. Rainmaker analysis of ASIC's Financial Adviser Register found ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... act against unlicenced operators, regulate emerging sectors as well as capital expenditure, either across a broader population or over time to recognise the wider benefits of those activities. For example, crypto assets and buy now pay later (BNPL) do ...

Fidante partners with Proterra Asia

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
Challenger's multi-affiliate has entered a strategic partnership with Proterra Investment Partners Asia via a minority stake. Fidante said the private equity investor, which focuses on the Asian food and agribusiness sectors, aligns with its overarching ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... investment strategy to deliver critical healthcare infrastructure to meet the needs of rapidly growing communities. "Population growth in the City of Melton is currently outstripping all other areas in Victoria, recording a 6.4% increase from 2021 to ...

Australia to see strong flow of HNWs

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... populations decline. Meanwhile, Australia ranked seventh in the world's 10 wealthiest countries at year-end 2022 by HNW population. The US topped the charts, followed by Japan, China, Germany, the UK, and Switzerland. Behind Australia was Canada, France ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... One, which aims to lower the cost of providing advice and improve consumers' experience. "Just 10% of the adult population receive advice and the regulatory burden has pushed the cost of delivering advice to around $5000," FSC chief executive Blake ...

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
The global high-net-worth (HNW) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to $124.3 trillion, according to Capgemini's latest World Wealth Report. This drop, stated by the report, is the steepest ...