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Showing 981 - 990 of 10516 results for "SET"

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... commencement of Rhombus Advisory this month. It retains a 37% stake in the business. Meantime, a further $23 million has been set aside to remediate super fund clients whose contributions weren't directed into a MySuper product when they should have ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... key financial asset retirees can use as an income stream in retirement. It comes as more than three million Australians are set to enter the retirement phase in the next decade, a phase that will likely be longer than that of previous generations. The ...

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Pacific Current Group (PAC) has offloaded Carlisle Management Company to a NASDAQ-listed alternatives asset manager. Abacus Life has agreed to acquire Carlisle in full. It will pay for the acquisition via a combination of Abacus bonds and common stock. ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... APRA-regulated superannuation funds paid up to $8.8 billion in premiums last year, which is lower than the $9.2 billion record set pre-Covid in 2019. In terms of claims, the group insurance sector paid out a record $5 billion, up 11% year on year. This ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... chief executive pay levels in future. It will be critical that boards pay close attention and ensure performance hurdles are set at the right levels."

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
VanEck has cut the management fee for its Bitcoin ETF (ASX: VBTC) to 0.49% per annum, just days after Monochrome Asset Management made a change. The ETF provider said the decision followed more than $18 million flowing into the fund since its launch ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $43 billion public sector fund has welcomed a former central bank deputy governor to its board, while Mercer Super has a new chair. Guy Debelle has joined the fund for South Australian government employees, bringing a tremendous depth of experience ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... portfolios. "Our first-of-its-kind product offers attractive yields and convenient portfolio diversification," Jocum said. "Set at a competitive annual management fee of 0.25%, it combines stability, regular income, and the familiarity of hybrid securities ...