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Showing 981 - 990 of 10519 results for "Set"

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... they wanted to avoid the transition period to upgrade their professionally accepted qualifications. "But when realisation set in regarding how intense the new regulatory, and especially educational, regime would be, sentiment reversed, and they appear ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... the sale momentum continues to build for both investment bonds and lifetime annuities, with a healthy pipeline of business set to fall in the first quarter of FY25. We've seen more significant increases in active advisers each moth that in previous financial ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... Bitcoin seeing increased interest," Green said. "Now, as Vice President Kamala Harris steps into the spotlight, the markets are set to experience heightened uncertainty. "The immediate challenge for investors is to ascertain whether Harris can quickly ...

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 ...