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| | | ... next decade they could be approximately $25,000 worse off. If a 30-year-old was stapled to one of these dud funds for the rest of their working life, they could be $225,000 worse off at retirement. ISA warned that further losses could accrue because ... |
| | | | Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ... |
| | | | Outlining his plans to restore Magellan's sheen, chief executive David George hopes to double its funds under management by 2027 by diversifying its capabilities and strengthening its UK and Europe operations. Speaking at the Magellan annual general ... |
| | | | The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ... |
| | | | The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ... |
| | | | The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ... |
| | | | For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ... |
| | | | Equipsuper has made three senior hires after revisiting its investment strategies and team structure. Jessie Pettigrew joined Equip as head of responsible investments; she has more than 10 years of experience in sustainability and responsible investment. ... |
| | | | ... to be able to work with the board and the whole ART team to improve retirement outcomes for our members. Our members can rest assured they're in very safe and capable hands going forward." Commenting, ART chief executive Bernard Reilly said: "Don ... |
| | | | WT Financial Group (WTL) EBITDA jumped to $3.92 million for FY22 from just $36,000 in FY21, driven by its recent acquisitions. WTL managing director Keith Cullen attributed the positive results to its B2B restructure and the acquisition of Synchron ... |
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