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Showing 771 - 780 of 9402 results for "Level"

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... greater stock returns." Members first Pressure on super funds to rethink their exposure to Elbit is bubbling at the member level. UniSuper members are currently running a campaign on Megaphone to force the fund to divest Elbit. It has garnered 736 out ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... regulator seeks "permanent injunctive relief, conduct-based injunctions preventing the defendants from participating in multi-level marketing or crypto asset offerings, disgorgement of ill-gotten gains, prejudgment interest" as well as civil penalties. ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... have started to launch pilots or experiences with central bank digital currencies (CBDC), their use has not reached the level of mainstream adoption," sleep said. "Besides CBDCs, other firms of digital money such as Commercial Bank Digital Money, tokenised ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
Leaders in financial services and superannuation were among the many to grace the highly coveted Australia Day 2024 Honours List, recognised for services in their respected fields and to the community. Some 1042 Australians received top honours across ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... pivotal for the fund's members' experience. "Jess will be instrumental to ensuring our members experience the highest level of Super Helpful support and service across channels, either through call centres, social channels or via email and digital ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
Interest rates will continue to be a driving force behind client conversations in 2024 as financial advisers remain agile regardless of whichever direction they will go. The rapid upward trajectory of interest rates - from 0.10% in April 2022 to today's ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division "to an acceptable level of profitability and allow for incremental reinvestment into growth areas." It follows a "root and branch review", abrdn ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... since mid-2021 due to the volatility experienced by the ASX200. "Retail funds are down 8% to 58.9% and are at their lowest level of satisfaction for over three years since November 2020," she said. "Public sector funds have also experienced a large decline ...

VanEck to unveil private credit ETF

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
VanEck is scheduled to launch a new exchange-traded fund (ETF) that invests in private credit companies. The VanEck Global Listed Private Credit (AUD Hedged) ETF will start trading as LEND on the ASX on February 2. LEND will track the LPX Listed Private ...