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Showing 171 - 180 of 5285 results for "July"

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... and cost of living pressure." The introduction of the additional administration fee follows a similar move by TWUSUPER in July 2022 where an administration fee was introduced to combat cross-subsidisation. As of August 2022, TWUSUPER members with insurance ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... Platinum AM's funds under management (FUM) dropped to $16.7 billion as at August 31, declining from $17.8 billion at the end of July. It follows the resignation of Clifford last month, who remains in the top job on an interim basis while the fund manager ...

Count welcomes chief financial officer

CHLOE WALKER  |  FRIDAY, 8 SEP 2023
... business APA Group. The appointment follows the resignation of chief financial and operating officer Laurent Toussaint in July. He is due to depart at the end of the month. Count chief executive Hugh Humphrey said Leung would be a "tremendous asset to ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... where it was deemed to be in the member's best interests. ASIC says the conduct went on for close to a decade, from 1 July 2013 to 31 March 2023. This, despite it being legislated in 2013 that funds must undertake intra-fund consolidation at least ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... current management fee of similar ETFs in the Australian market. The ETF fees were dropped even lower to 15 basis points in July.

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) came in at 4.9% for July, well down on last month's 5.4%. Annual trimmed mean inflation also fell notably, to 5.6% from 6.0% in June. According ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
... group's pre-tax profit. Clime Private Wealth saw funds under advice climb to $900 million thanks to the addition of MTIS in July 2022. "The MTIS merger does bring a heightened focus on our SMA service to both internal and external clients. The SMA ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... those risks," she said. Meanwhile, Equity Generation Lawyers associate Clare Schuster said: "When this case was filed in July 2020, the government referred investors in Australian bonds to the budget to assess the government's fiscal position. At ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... margin expansion and discipline on directly controlled costs, has improved operating levels," Wamsteker said. He added that July flows have "been encouraging." "...We head into 2024 with renewed optimism and a determination to continue to grow our business," ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... benefit from the recent removal of the $450 monthly income threshold for Superannuation Guarantee (SG) contributions, effective July 2022. Most of the members benefiting from the policy change are existing members who've now earned additional contributions ...