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Showing 1011 - 1020 of 7967 results for "Total"

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... global custodian to Milford Asset Management, servicing all its Australian and New Zealand funds across 24 markets. Its total funds under management exceed $16 billion. Milford said it was looking for an asset servicing partner with a complimentary Trans-Tasman ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... non-concessional contribution bring-forward provisions will increase from $330,000 to $360,000. Also from this date, the total superannuation balance thresholds used to determine the maximum amount of bring-forward non-concessional contributions available ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... by 30 June 2024. If they have, then the $330,000 limit will still apply. The increase does not apply to the $1.9 million total super balance limit, however lower sub-limits will apply due to being based on the contribution caps. Aware Super general manager ...

JANA wins mandate from public sector super fund

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... well-positioned to assist clients achieve their investment outcome objectives," she said. As of 30 December 2023, JANA's total funds under advice was over $1.3 trillion. According to research from Rainmaker Information, JANA holds a commanding market ...

ATO cracks down on illegal early SMSF access

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... newly set up SMSFs were more likely to engage in such behaviour as opposed to established funds. About two thirds of the total $930 million that was at risk over these years relates to individuals entering with no genuine intention to run an SMSF, Rosenzweig ...

Economists share their top left field ideas for 2024

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2024
Some of the nation's leading economists shared their Factor-X - also known as an X-factor - for the year ahead at this morning's Chief Economists Forum in Sydney, led by the man who coined the term, industry veteran Don Stammer. Appearing at his 18 ...

Madigan Capital appoints head of investment capital

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... Australia reporting non-bank lending constitutes a minor portion of the Australian financial system - approximately 5% of total assets - the sector has experienced rapid growth since 2015. Madigan anticipates this trend to continue, driven by factors ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... completed a merger during the year, Hostplus now joins Aussie as a top five fund megalith based on its scale combining both total membership and assets," Perple founding director John Myers said. Conversely, the funds that experienced the worst nominal ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Australians want total control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... leverage scale and manager relationships to deliver zero or discounted platform administration fees to clients, targeting a total cost to client of less than 1%. For retirement products, AMP's MyNorth Lifetime leads the way in offering a guaranteed stream ...