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| | | Leadenhall Capital Partners' insurance-linked securities (ILS) product, as distributed by Bennelong Funds Management, is now available to institutional investors. The LCP Insurance Linked Securities Fund targets institutional investors in Australia ... |
| | | | APRA's annual superannuation performance test fails to consider results where it truly matters - at the member level - and ends up missing the mark on ensuring positive member outcomes, according to a financial advice expert advocating for better ... |
| | | | On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ... |
| | | | Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ... |
| | | | While assets under custody have climbed in Australia, surpassing $5 trillion for the first time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association ... |
| | | | ... scammers." AFCA recently revealed it received a record number of complaints in FY24, jumping 9% to 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance, banking, finance, and general insurance ... |
| | | | A mixture of inflows and market rally helped boost Netwealth's funds under advice (FUA), jumping 25.2% to $88 billion in the year to June. The growth comprised net inflows of $11.2 billion and market movement of $6.5 billion, buoyed by the 143,251 ... |
| | | | A new report commissioned by the Council of Australian Life Insurers (CALI) revealed that Australians are experiencing higher living costs and increasing mental health issues, making reliable financial safety nets more important. The inaugural State ... |
| | | | Wollemi Capital has appointed former NSW Treasurer Matt Kean as director, regulatory affairs and strategic partnerships. Wollemi said Kean - who was recently appointed chair of the Climate Change Authority - brings deep expertise in catalysing public ... |
| | | | After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ... |
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