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Showing 1021 - 1030 of 12181 results for "May"

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... complacency by trustees or fund members," AFCA lead ombudsman, superannuation, Heather Gray said. "Scam-related complaints in super may be small in number but the average loss claimed was $88,736 and ranged as high as $344,000-plus - a potentially life-changing ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers. In an update on the merger process, TelstraSuper said its board is currently considering information provided by a range of superannuation ...

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... Trump win will likely see the West reduce its dependence on China, meaning it could benefit ASX-listed firms like Iluka. This may benefit Iluka's rare earths refinery at Eneabba, Mills said. "China accounts for about 90% of global refined rare earth ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... by the end of FY 2024-25." AFM was launched in 2019 as a partnership between Gutman, the Lowy Family Group, and Alceon. In May, AFM named Tim Meurer as its chief investment officer, promoting him from head of investments. Meurer spent four years in total ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... Capital head of macro and strategy Tim Toohey said while the risk of a recession in the US has risen, it's not as likely as some may think. "The key point is that while we had been expecting a drawdown in equity markets in Q3 and a decent rally in bonds ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... adopted a simplified liquidation process when winding up companies with debts not exceeding $1 million, even though liquidations may be eligible. The ASIC report found that adopting a simplified liquidation process was uncommon, despite it aiming to ...

Cbus taps ex-AustralianSuper equities chief for 'critical role'

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... our members," Chatfield said. Rainmaker Information research shows that this investment option returned 8.8% in the year to May, slightly above its long-term average, but it ranked in the third quartile among comparable products. However, over a 10-year ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... Federal Reserve is behind in cutting interest rates. However, Bell Potter research assistant Andrew Ho said the market reaction may be an overreaction. "A renewed bout of volatility hit global markets as recent talk about a US economic recession - mostly ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... confidence in ESG claims made by providers of financial products and services. "As is the case in many other industries, consumers may place great importance on ESG considerations when making investment decisions. Any misrepresentations in relation to ...

Most Australians proactively retire: Research

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... planning, and choice were revealed as crucial for retirement enjoyment and wellbeing. "Proactively choosing how and when to retire may be the secret ingredients to wellbeing in our golden years. The findings demonstrate that feeling empowered to choose ...