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Showing 721 - 730 of 6208 results for "SIX"

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... that wealth inequality in Australia is substantially higher than ever as the rich have 230 times more in net assets and earn six times more in disposable income than those at the other end of spectrum. The research found that the drivers of income inequality ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... most recently as the executive manager of market and financial risk analytics. Horn joined Suncorp from QIC where he spent six years in risk and compliance. He started his career on the dealing desk as a derivatives trader in London. Meanwhile, Piggott ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... seen a string of former financial advisers busted for fraud. Earlier this week, former adviser Brett Gordon was jailed for six years for executing a $650,000 SMSF fraud, while last week Gavin Fineff was sentenced to nine years behind bars for defrauding ...

Infrastructure an asset class for all seasons: IFM

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... to externally managed infrastructure by institutional investors have grown from around $453 billion to $101 trillion in the six years to 2021. In the current challenging market environment, IFM said it expects this growth trend to continue for reasons ...

Future Fund revisits actively managed equity investments

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... Alpha-seeking strategies in the Future Fund's $65 billion listed equities program are "increasingly attractive." His comments come six years after the Future Fund distanced itself from actively managed equity strategies, as macroeconomic factors ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... released in February by the Australian Custodial Services Association. Specifically, the group saw a 2.2% increase from the six months to December end, taking it to $693.6 billion.

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
A former financial adviser was sentenced to six years behind bars for committing a $650,000 fraud, using clients' SMSF savings to pay off his personal debts. Appearing before the Maroochydore District Court, former adviser Brett Gordon faced nine counts ...

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... loss was experienced last year, as Clime's statutory net profit after tax (NPAT) slid to $236,000 from $445,000 in the six months to December 2022. However, Clime did note that, during the March quarter, its private wealth business secured its first ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... Lowe's 2020 prediction that rates wouldn't rise until 2024. However, it states: "This Review is not a judgement on the past six months. We have looked back over three decades." The 294-page document suggests a raft of extensive changes, the most ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 superannuation complaints, while financial adviser-related complaints totalled ...