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| | | The Finance Sector Union (FSU) is urging the financial services industry to adopt paid menopause leave policies as it finds more than one third of workers experiencing symptoms are likely to retire early as a result. In October 2023, the FSU launched ... |
| | | | ... sector but several inequalities remain. According to the report, the latest data displayed super account balances from 2022 show the average balance for men aged 15 and over is $182,667, with a median balance of $66,159. For women, the average balance ... |
| | | | ... housing problem overnight. "When you're tackling a housing crisis that has been decades in the making, the key is to show long-term commitment and to steadily make inroads," Hayhurst said. "The enduring significance of today's program launch will ... |
| | | | Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ... |
| | | | Prime Value Asset Management has named former Prime Super chief executive Lachlan Baird as its new finance chief. The boutique fund manager said Baird will be pivotal in refining its investment strategy and building a financial framework that promotes ... |
| | | | ... 690,000 Australians are now considered HNWs, up from 635,000 last year, new insights from Praemium and Investment Trends show. Collectively, they manage $3.4 trillion in investable assets, up from $2.98 trillion in 2023; ultra-high-net-worth (UHNW) investors ... |
| | | | Although the emerging markets have been on the backfoot in recent years, they are beginning to gain ground again with institutional investors, an expert from Janus Henderson Investors noted, underpinned by the rise of artificial intelligence. Institutional ... |
| | | | ... can use results where the total amount of lump sum death cover is greater than $500,000. However, in 2023 APRA statistics show the average sum of insured individual policies of lump sum death cover - excluding group cover - was about $714,000. The government ... |
| | | | A Natixis Investment Managers study shows 40% of Australians don't think they'll be able to fund their own retirement, while 50% are actively avoiding thinking about it. Still, they're faring better than many other nations. According to the 2024 Natixis ... |
| | | | ... reports, failing to meet its ASX Listing Rule deadline. Securities have been suspended since August 23. Unaudited results show it had $6 billion in funds under management. Preliminary core earnings in FY24 were $12.9 million, which were relatively flat ... |
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