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Showing 951 - 960 of 8767 results for "SIM"

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
ASIC commissioner Simone Constant has told the ASIC Annual Forum that the regulator is watching potential risks to financial stability as the superannuation sector grows. Questioned on her thoughts around the recent Reserve Bank of Australia (RBA) report ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
ASIC warned it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its ...

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
Insignia Financial is hoping artificial intelligence (AI) and a direct-to-consumer superannuation push will see it become Australia's "leading and most efficient" wealth manager and save $200 million per annum by 2030. Revealing its five-year strategy ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
New modelling from the Super Members Council (SMC) finds most teenagers will miss out on an additional $10,000 at retirement simply because they're not entitled to superannuation contributions. The lobby group's Guaranteeing a Super Start to Work report ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
The Australian ETF industry continues to see strong inflows, according to the VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
GQG Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October. The investment management firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
ASIC's leadership team has been questioned over their respective Qantas Chairman's Lounge memberships and whether they believe it's appropriate to maintain them. Appearing before the Economics Legislation Committee today, chair Joe Longo - who appeared ...