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Showing 921 - 930 of 8418 results for "Big"

Link Group hires technology, marketing leads in super arm

ANDREW MCKEAN  |  FRIDAY, 26 AUG 2022
... expectations." Naidoo has more than 20 years' experience as a technology management executive, previously he's worked for two of the big four consulting firms and with super funds UniSuper and Aware Super. Richardson comes to Link Group with 19 years' ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... benchmark. More on unintended regulatory consequences, Hostplus chief investment officer Sam Sicilia argued it would be a big consequence if YFYS stopped funds from investing in private equity or in venture capital. Sicilia said: "We want it [YFYS benchmarks] ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
Industry Super Australia (ISA) has said that industry super funds' exposure to unlisted assets could lead to its members having more than $130,000 extra at retirement. Today, industry funds have investments of over $1 trillion, including more than ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Six of the largest financial institutions have paid or offered a total of $3.6 billion in compensation to consumers over fees for no service and non-compliant advice. The new stats come as the Financial Planning Association of Australia calls for an ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
... increasingly widespread proliferation of crypto assets - to the extent that crypto advertisements can be seen plastered all over big sporting events - the government needs to make sure customers engaging with crypto are adequately informed and protected. ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...

Norwegian wealth fund records $250bn loss

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2022
Norges Bank Investment Management announced the Government Pension Fund Global lost 1.68 trillion Norwegian krone, which is the equivalent of almost $250 billion AUD in the first half of this year, largely driven by equity returns, primarily technology ...

Rainmaker unveils managed fund flow winners

ANDREW MCKEAN  |  WEDNESDAY, 17 AUG 2022
... 12-month net flows with $5 billion but the highest in terms of percentage increase, growing by 78%. GQG Partners was another big winner in percentage terms, with its two international equities funds having combined net flows of $706 million or 75%. At ...

Competition for adviser relationships fierce: Report

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
In a hotly contested platform space, competition for adviser relationships is fierce, according to part two of Investment Trends' latest Adviser Technology Needs Report. The report found the percentage of new inflows by advisers through platforms decreased ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
US inflation has eased to 8.5% from its historic 40-year peak of 9.1%, recorded in June. The drop beat market expectations of 8.7% and comes as a welcome relief for the Biden government. The reason for the fall is a slowdown in rising energy prices. ...