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Showing 61 - 70 of 2050 results for "Progress"

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... industry has been caught off-guard," she said. Cole noted the recent examination by APRA and ASIC on 15 trustees' progress in implementing the Retirement Income Covenant that found that while trustees are working to improve retirement strategies ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... Companies Fund held $688.3 million. Both parties said they will continue to update shareholders and the market on further progress. The announcement comes after Regal Partners recently withdrew its bid to acquire Pacific Current Group, citing its disappointment ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... elevated operating and project consultant costs impacting the September quarter results. But Clime acknowledged "significant progress" in transforming into a private wealth business, highlighting that it's identified the operational and technology infrastructure ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... solutions." "The board, in consultation with David, believe it is time to refocus leadership which will accelerate the progress made to date," Formica said. "The board remains focused on the delivery of exceptional investment performance for our clients ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... men's use of PPL." Senator Katy Gallagher, the minister for women, said that the federal government has "made significant progress in addressing some of the WEET's recommendation". This includes expanding Parenting Payment Single and abolishing ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... evidence of persistently above-trend growth, or that tightness in the labour market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of monetary policy. "Along with many other factors, actual and ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... before tax guidance range of between $555 million and $605 million. "Challenger has started FY24 well, demonstrating our progress in executing a range of strategic initiatives to drive growth and extend the duration of annuity business to improve book ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

PGIM Real Estate launches research lab

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... Estate has launched an innovation lab, dedicated to researching, developing, and investing in technology to expedite progress within the real asset industry. The firm clarified that the RealAssetX ecosystem is made up of three interconnected pillars ...