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Showing 1 - 10 of 13081 results for "Down"

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
The Senate Economics Committee has handed down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve ...

Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund. AUFM will also step down as trustee of the fund, with Perennial taking over as trustee. The fund's managers, Victor Windeyer and Sam Walker, will ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... economics Gareth Aird said despite the potentially rocky road ahead, the bank is still anticipating the next move will be down. "The board did not reinstate its hiking bias and maintained the neutral stance it shifted to at the March board meeting, as ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members unable to access their online accounts. Among other things, they also cannot consolidate ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... months. Separately, GQG Partners in its monthly FUM update today, reported a loss of US$1.4 billion in April, bringing its FUM down to US$142 billion. But the fund manager has had net inflows of US$6.3 billion for the year-to-date period. GQG's international ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... Bank of Australia's payment systems board and was a member of the Australian Council of Financial Regulators. Byres stepped down as APRA chair in October 2022 after holding the role for eight years. The appointment comes as Roche continues the program ...

UniSuper battles major system outage

JAMIE WILLIAMSON  |  FRIDAY, 3 MAY 2024
... website, and the fund's app is also unavailable. It's understood many of the fund's internal systems are also down and that the outage has been ongoing since at least Monday evening. UniSuper said the issue originated from a third-party provider ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... Management (MAM) Private Markets-managed funds, and foreign exchange movements. Additionally, its return on equity fell to 10.8%, down from 16.9% in FY23. Macquarie managing director and chief executive Shemara Wikramanayake said despite "ongoing economic ...

Chief member officer leaves Insignia Financial

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAY 2024
... rejoined Russell as head of Australia and New Zealand in 2013 before being promoted to regional head. Last October, she stepped down after 17 years at the firm. Commenting on the appointment, Insignia chair Allan Griffiths noted Hampshire's significant ...
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