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| | | Challenger delivered an upbeat half-year result, with assets under management and earnings growth. The company reported group assets under management of $115 billion, up 20%. Life sales were up 44% to $4.9 billion and life book growth was up 8.4% or ... |
| | | | ... 2021, was ultimately cast aside before being picked back up yesterday; further penalising the estimated 300,000 people who earn less than $450 a month, primarily women. The threshold currently stands even if an employee earns more than $450 in a month ... |
| | | | While AMP's financial advice and wealth management units show signs of recovery, the group ultimately reported a massive $252 million statutory loss in its full-year financial performance. Underlying net profit after tax, however, was up 53% to ... |
| | | | Australian retirees' budgets are under threat by the rise of everyday living expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates ... |
| | | | Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ... |
| | | | ... "The $450 threshold is preventing thousands of lower-income workers from receiving retirement savings for every dollar they earn. They can't afford for this change to be delayed any longer." Meanwhile, Women in Super said the estimated 300,000 workers ... |
| | | | After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ... |
| | | | Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ... |
| | | | From skyrocketing property prices to a foreboding stock market crash, financial advisers reveal their clients' main worries in 2022. Wild swings across the local and international share markets is a concern for many clients, particularly as indices ... |
| | | | After 40 years with Jones Lang Lasalle (JLL) and 13 years as chief executive of Australia, Stephen Conry has announced his retirement. Conry said the decision to step down, on the anniversary of 40 years with the firm, was right. "The Australian business ... |
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