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Showing 1061 - 1070 of 2132 results for "Financial Year"

Millennials embrace Essential Super's digital presence

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... Super accounts are opened via digital channels. The fund has seen a 37% jump in take up through digital in the last financial year, with millennials making up 89% of customers opening an Essential Super account via the CommBank app. In addition, 46% ...

Australian private equity driving M&A

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2016
... CHAMP Equity in Containerchain. The firm believes the strength of private equity will continue through the 2017 financial year, despite a dip in the last quarter of FY2016 due to increased macroeconomic instability and political uncertainty ahead of ...

Monash fund receives Lonsec rating

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2016
... double digit returns after fees, with lower volatility and drawdowns than the market, with no loss of capital in any financial year," Shields said. Co-portfolio manager Shane Fitzgerald said it's encouraging to see Monash recognised for its absolute ...

REST boosts member savings through Acorns app

MICHELLE BALTAZAR  |  TUESDAY, 8 NOV 2016
... "Our research revealed that most Acorns users were only reminded about topping up their super towards end of the financial year, and they often did not have as much money available to contribute to their super fund as they would like," he said. By contrast ...

Centrepoint unveils new client interface

KERRIE SYDEE  |  MONDAY, 7 NOV 2016
... clients to use digital signatures and positions the platform for scaled advice tools set to be released later this financial year. Managing director and principal adviser at Innovus Advice, Paul Wright, was on a team of pilot users and assisted with ...

Advisers unsure on super contributions

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2016
... health card." Ashenden said advisers need to give clients confidence about their ability to contribute to super this financial year as its still "business as usual" in regards to contribution rules. He also recommended advisers get ahead of the game ...

ASIC secures $210m in compensation

ALEX BURKE  |  THURSDAY, 3 NOV 2016
... "six matters," which comprised 79% of total dollar compensation. ASIC also commenced more investigations over the financial year (97) than in FY15 (77), but completed fewer (79 versus 88). It's a positive outcome for the regulator, especially considering ...

SMSF trustees remain prudent investors

DARREN SNYDER  |  WEDNESDAY, 2 NOV 2016
... has not performed as well compared to alternative funds, it is still within reach. APRA statistics for the 2015 financial year, for example, show the return for SMSFs after expenses (excluding contributions) to be 5.7%. This compares with non-SMSF returns ...

ANZ to sell Asian retail, wealth businesses

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... $17 billion in deposits. The business accounted for $825 million in revenue and net profit of $50 million last financial year. The sale follows a six month strategic review by ANZ and reflects its desire to grow its institutional banking business in ...

Low return world a boon for VC

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... April, the Australian venture capital market is worth about $2.6 billion, with almost $224 million invested last financial year. Despite this, Australia ranked just 52nd in a recent report from the Information Technology and Innovation Foundation (ITIF) ...