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Showing 51 - 60 of 1132 results for %22Auto Invest%22

Family offices ignoring $3.5tn time bomb: KPMG

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
Echoing similar findings by UBS, KPMG has found that of the estimated 70% of Australian businesses that are family-run, only 30% have an established succession plan. This comes into focus with a $3.5 trillion intergenerational wealth transfer expected ...

Melissa Caddick declared dead by coroner

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
The fraudster who purported to be a financial adviser to scam upwards of $23 million out of family and friends is likely dead, the inquest has found. That was the key finding delivered by the NSW Coroner yesterday, though the nature of her demise could ...

Former fund manager director convicted

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
Holly Grofski, formerly of Global Merces Funds Management, has been convicted and sentenced to six months' imprisonment for falsifying documents and providing false information to an auditor. Grofski, whose financial services licence was cancelled by ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... After a 5% share in 2020, EV sales in China jumped to a 16% share in 2021. With EV sales growth outpacing ICEs, traditional auto manufacturers are increasingly committing to electrifying their fleets by offering a wider range of EV models, committing ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... prescriptive analytics capabilities to detect cyber threats, Bathi said. "To combat cyber scams, superannuation funds need to invest in augmenting their predictive and prescriptive analytics capabilities to detect known and unknown events that could ...

Liverpool Partners invests in AI

CHLOE WALKER  |  TUESDAY, 16 MAY 2023
... and strategic capacity it needs to explore acquisitions that can complement its existing footprint. "We will continue to invest in the Australian technology ecosystem to improve outcomes and intergenerational equity for society," he said. Liverpool Partners ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... corporate superannuation funds and the sale of Advance Asset Management to Mercer. Platforms, Westpac Pacific, margin lending and auto finance business currently remain. Specialist Businesses' net profit rose a whopping 273% to $493 million thanks ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
Industry funds have solidified their dominance with a remarkable increase in market share, largely at the expense of public sector funds, according to a KPMG report. The KPMG report revealed a "massive" market share increase for industry funds, growing ...

GBST acquires WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
GBST has bolstered its fintech portfolio by acquiring WealthConnect, the flagship product of the now-defunct financial software provider Creativemass, for an undisclosed amount. WealthConnect is a digital practice management, customer relationship management ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
From 1 July 2026 employers will be required to pay their employees' super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has ...