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Showing 971 - 980 of 17564 results for "Report"

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
CareSuper is set to merge with a $1 billion industry fund with 56,000 members. The $56 billion super fund, which has around 550,000, has struck a binding agreement to merge with the Meat Industry Employees' Superannuation Fund (MIESF). CareSuper chair ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the China Securities Regulatory Commission (CSRC) is proposing to cut fund managers' pay ...

Deficit to reach $26bn: Deloitte

KARREN VERGARA  |  MONDAY, 17 MAR 2025
... deficit of $26.1 billion for the 2025 financial year, while revenues will deteriorate by $11.3 billion over four years, a new report from Deloitte shows. The deficit marks a $0.8 billion improvement from the projected $26.9 billion deficit in the 2024-25 ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
A Sydney-based financial adviser has been permanently banned for acting dishonestly and exhibiting a fundamental lack of knowledge, integrity, and professionalism, ASIC said. Peter Surtenich has been permanently banned on March 6 from providing any ...

WTW names head of real assets

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Grace Szeto has been appointed head of real assets within WTW's manager research team. Szeto has covered real assets since she joined the consultant four years ago. Her promotion follows the departure of Nick Kelly, who recently joined Wilson Asset ...

Australia must focus on 'friend-shoring': UNSW

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... high population growth, and boosting stagnant productivity are among the key economic obstacles facing the country. The report said regardless of which party holds power, the Parliament's response will be critical to the wellbeing of all Australians. ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force ...

UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... renewal of a government committee to investigate sexism in the industry and the barriers faced by women. The resulting report, Sexism in the City, was damning and called for a raft of reforms. The regulators consulted on imposing diversity targets and ...

HNW clients demand more non-custody assets: Study

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
More high-net-worth (HNW) clients are investing in non-custody assets as 75% of financial advisers report a growing demand in unique opportunities such private equity and other alternatives, a new survey from Praemium finds. Such assets comprise an ...

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show. The latest census, produced in conjunction with Milliman, reports separately managed accounts ...