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Showing 691 - 700 of 5402 results for "Third"

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... transfer of essential personnel required to operate the MFA business. Iress said it expects completion at the end of the third quarter, following which it will continue to provide transitional services to the MFA business for 24 months, to assist in ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... after a sluggish 2022. Technology stocks returned 38.6% while consumer discretionary returned 20.7%. Industrials were the third-strongest performer at 15%. The worst equities returns came from energy (0.4%), real estate (1%), and healthcare (2.8%). Unlisted ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... positioned to expand well into the future," Leibowitz added. According to Investment Trends' H1 2023 report, Stake is now the third largest investment platform in Australia with more than $2.5 billion in assets under administration. Howie said Stake ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... Rainmaker projects that by 2031 intermediaries could hold only 40% of the market. Conversely, super funds could hold one-third, or 55%. "Super funds being Australia's primary death and TPD life insurance distributor prompts the question as to why directly ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... need to commit to clear principles that deliver better outcomes for our seniors: greater awareness of home equity as the third pillar of retirement funding; confidence in voluntary self-funded retirement from home equity as private property; trust in ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... director and financial planner Michael Miller said that some of the lessons that can be taken from it are similar to the third determination. "It is the first time that a panel has used the least serious of the actions available to it, providing a written ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... super industry and the community." "As the matter is before the courts we are unable to comment further." This is ASIC's third greenwashing civil penalty proceeding, having taken action against Vanguard Investments and against Mercer Super earlier ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... injuries,' 'permanent impairment,' 'specific loss,' 'loss of independent existence,' 'cognitive loss,' and 'homemakers'. The third inclusion is specific cover addressing cases of 'suffering a permanent severe psychiatric incapacity'. Meanwhile, in a ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month, ASIC announced it is taking Vanguard to federal court, alleging ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... is also minister for financial services, added: "It strikes me as odd in a system which is about retirement income that a third of the cheques that are being written by superannuation funds by value, so a third of the value of cheques that superannuation ...