Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 2013 results for "Plus"

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... flows throughout the year, ongoing migration of services to the cloud, and the introduction of the new retail business, ANZ Plus. "Importantly, each of our core divisions contributed positively to the result. They all have a clear strategy and a funded ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... compensation amount than an amount calculated as if the provider had not issued the over-leveraged CFDs at all." Those same three plus one other had not compensated clients for fees or charges incurred on the CFDs or interest on these amounts, ASIC noted ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... the cash and term deposits option, also known as the cash bucket. Meanwhile, the remaining 88% is invested in the Retire Plus option, known as the growth bucket. NGS Super explained members receive fortnightly payments from their cash bucket, while their ...

CFS Edge adds 25 managed accounts to menu

STAFF WRITER  |  MONDAY, 23 OCT 2023
... diversified portfolios from Drummond Capital now available. These are Direct 50, 70 and 90, Strategic 30, 50, 70 and 100 Plus, and the Dynamic Portfolio. Meantime, there are six new offerings from Russell, being Conservative, Diversified 50, Balanced ...

CrowdProperty opens to retail investors

CHLOE WALKER  |  MONDAY, 23 OCT 2023
... portfolio." Loan terms typically last six to 18 months, Ingram added. "At the end of the term, the original capital invested plus the interest income are paid back to investors," he said. Ingram said CrowdProperty mitigates the risk of investor capital ...

Netwealth to distribute private markets offering

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... increase, or a $13.9 billion rise, over the 12 months ending September 30. "Responding to the changing economic environment plus adviser and client demand, we continue to add to our investment menu. During the quarter we added an industry-first small ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... declined from 6.8% to 6.3%. The $256.2 billion sovereign wealth fund delivered 6% in FY23 - well below its target of CPI plus 4%-5%. Chair Peter Costello said the performance reflects the portfolio's diversification across international markets and ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from Washington H. Soul Pattinson as part of a joint venture with the fund manager ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... in fixed interest, the option only excludes tobacco in so far as excluding producers. The option targets a return of CPI plus 3% over rolling seven-year periods. For a GESB Super member with a $50,000 balance, the annual fees and costs of the option ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... will take place in two phases. First, members and other beneficiaries with entitlements in Retirement Access and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements will be moved to ART on November 4. Meanwhile ...