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Showing 51 - 60 of 8281 results for "Income"

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... costs, will see these change to $1 per week, plus 0.05% p.a. on the first $800,000 of their balance under ART. For AvSuper income stream members, investment options they are invested in will be mapped to similar options ART offers based on their risk-return ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... their savings with not drawing down too slowly and living more frugally than necessary, the report said. The Retirement Income Covenant (RIC) aims to improve outcomes for members, but funds lack complete information on their members. As such, trustees ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
Treasurer Jim Chalmers is expected to deliver a surplus in the upcoming Federal Budget, but he warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... from the manager research side of the business - Tim Wong and Justin Walsh. It is understood that Wong - who oversaw fixed income strategies - is set to join former colleague Tim Murphy, joint chief executive and head of research at Genium Investment ...

Institutional investors shift gears amid 'new market regime'

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... advantage of these timely opportunities, investors are holding portions of their portfolios in higher-quality, liquid fixed income instruments," Perry said. Nearly two thirds of investors surveyed said there is a new market regime that is reshaping how ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... actions, and data breaches. On 22 December 2023, a class action was filed against Rest alleging it signed new members up for income protection cover by default. A couple of days earlier a class action was filed against IC Markets for consumer harm caused ...

Investors being influenced by the 'Powell pivot'

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... more attractive option for investors looking to capitalise on higher yields while reducing credit risk. "Half of all fixed income searches by bfinance clients in 2023 targeted investment grade strategies, up from 13% the previous year," the report said. ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... properties with the objective of building a portfolio of government-leased assets to provide investors with a stable and growing income stream and long-term capital growth. It has an internal rate of return of 13.5% and a minimum investment amount is ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... 15% for super earnings corresponding to the percentage of an individual's super balance that exceeds $3 million for an income year. The draft regulations contain provisions that enable the calculation Division 296 of tax for defined benefit interests ...