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Showing 1041 - 1050 of 8106 results for "Total"

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... announcement of the new solution for CHESS Replacement." ASX also provided a financial guidance forecast reporting that for FY24 total expense growth rate to be approximately 15%, which is at the top end of guidance provided with 2H24 expenses expected ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... entered into a binding agreement to acquire Equity Plan Management, a remuneration and employee share plan business, for a total consideration of up to $5.7 million. EPM has four staff members and administers about 100 employee share plans. "Entering ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
The Compensation Scheme of Last Resort (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... opportunities. Ultra-high-net-worth individuals (UHNWIs), the most concentrated group among the wealthy, hold over 34% of total HNWI wealth but constitute just over 1% of the total HNWI population. It's projected that over the next two decades, ageing ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The chief executive of semiconductor manufacturer Broadcom pocketed US$161.8 million in total remuneration in 2023 to be the only boss among S&P500 companies to receive a nine-figure salary, a new pay study shows. Broadcom's Hock E. Tan is the only ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... making it the fourth largest in terms of membership, according to Rainmaker Information. To improve members' ability to claim total and permanent disability (TPD) insurance, Hostplus will raise the age limit for making a claim from 65 to 67. It will ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... balances is also key focus. If the legislation passes, it will reduce the superannuation tax concessions for those with total superannuation balances that exceed $3 million, Ashenden said. "Under the proposal, from 1 July 2025, clients will pay an additional ...