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| | | After a near decade-long career with Rest, Deborah Potts will step down from her role as chief member officer and finish up with the fund in mid-December. The $90 billion superannuation fund has started the search for her replacement. Chief executive ... |
| | | | ... team, but noted capacity constraints in Australian equities, an underperforming unlisted property book, and a large write-down in the fund's internal private equity capability. "This fund's sizable footprint has necessitated the build-out of offshore ... |
| | | | While demand for financial advice is apparently the highest it's ever been, the number of people actually seeking it has dropped. That's according to new research from Brighter Super and Investment Trends that shows retirement confidence among Australians ... |
| | | | ... providers are created equal" and urged financial services firms to do their research and understand the risks if they go down the path of adopting a direct model. "We have external auditors come through, penetration testing, where people are trying to ... |
| | | | ... a "cyclical low and recovery predicted to begin in mid-2025." "Investors acquiring assets now, after values have adjusted down, but have not yet started the recovery, will be well-placed to see strong returns in years to come," Knight Frank chief economist ... |
| | | | ... wages this financial year," Wu said. The ABS data revealed around 45% of jobs saw a wage change in the September quarter, down slightly (46%) from the same time last year. The average size of the hourly wage change was lower (up 3.7%) compared to the ... |
| | | | ... said. "With 28% of HNW-focused advisers already using non-custodial assets (versus just 11% for advisers focused further down the wealth spectrum) it's likely platforms that are more flexible around asset choice - whilst providing exceptional administrative ... |
| | | | Perpetual, for the first time, has laid bare a decade's worth of data, unveiling insights into the philanthropic and charity sectors. In a special edition of its annual philanthropy insights report, the wealth manager said despite incremental changes ... |
| | | | David Andrew, the managing director at Capital Partners Private Wealth Advisers, is stepping down after 25 years. Andrew founded the West Australian firm in 1999. It's since grown to employ more than 50 staff and service over $2 billion in assets. ... |
| | | | ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ... |
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