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| | | ... of advisers are planning to boost their allocation to cash and fixed income in the next 12 months, reaching the highest level in three years. One in five advisers aim to diversify their product usage, with ETFs and managed accounts being the preferred ... |
| | | | ... Capital on the proposal but ultimately abandoned the attempt in late September, saying PAC had provided limited and high-level due diligence information, and that it had been "consistently disappointed" with the engagement from PAC. GQG also made a bid ... |
| | | | The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ... |
| | | | ... cost-efficient solution. The fund's liquidity and daily pricing mean that investors can increase and decrease their level of exposure to the USD easily and cheaply, Rochford added. Equity Trustees executive general manager, corporate and superannuation ... |
| | | | ... employers adhere to their superannuation obligations. "We know that mistakes can happen, but it's our responsibility to ensure a level playing field for all businesses," Rosenzweig said. "The sooner we know about unpaid super, the greater chance we have ... |
| | | | ... regulatory reporting." Helyar said whilst these themes are not unique to APAC, firms in this region don't face the same level of complexity in their operating models when compared to older established markets such as the US and Europe. Globally, more ... |
| | | | ... reduction. "This is the biggest fall in the MySuper benchmark fee since 2014," Antil said. "Of the MySuper products, fees are now level for retail and not for profit funds." Regarding MySuper products, not-for-profit funds generally have lower administration ... |
| | | | ... to increase scale and reach more Australians under AZ NGA's Nestworth and associated Fortnum, while providing a greater level of access for Australian Unity members and staff. "This is about the next phase of growth for a business we've built over 20 ... |
| | | | Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ... |
| | | | ... analyst and report's author Steven Le said. "Particularly given that they are paying active management fees and expect some level of outperformance over a reference index or passive strategy that aims to track a benchmark in the long term." On the upside ... |
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