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Showing 1071 - 1080 of 6146 results for "Money"

Swell AM launches retail trust

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
... and Mainstream Group as fund administrator. Swell chief investment officer Lachlan Hughes said after six years of managing money exclusively for wholesale investors, it is time for the firm to turn to the retail market - where it believes there is demand ...

VFMC appoints new chief executive

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... empathetic leadership," VFMC chair James MacKenzie said. VFMC had about $64 billion in total assets at June 2020. It managed money for 31 Victorian public authorities and related organisations, according to its FY20 annual report.

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... trading to the point that they are now; so that was the purpose of it and that's what was achieved. On that basis the money was dispersed. It was never set up so that it would need to be repaid in the event that the businesses did not suffer the ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... manager partners include PrimeWest, Corval, Epsilon Direct Lending, Realside, Monash Investor's and Coolabah's Smarter Money Investments. In the past it has worked with French quant manager CFM. The Winston acquisition follows Pinnacle's ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... of the government's early release of superannuation (ERS) program, due to loss of income during the pandemic, can put the money back in their account without incurring a tax penalty. The Australian Taxation Office confirmed individuals can now re-contribute ...

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... just LTRM may not be a good idea. "I would then say, though, if you've got someone who is going to need most of the money in the next few years, then the short-term is risk measure is actually helpful information to them. If we take it away, there'll ...

Time to weed out dud funds: Delaney

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... done that for 15 or 20 years because we think if we can't beat a passive portfolio, we shouldn't be spending member money to give them a worse outcome," Delaney said. "It's a real honesty test for everyone. Are you giving your members a better ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... the asset class from an economist's lens. The industrial economy - where the economic infrastructure for contracting, money and identity management and other aspects of administration were largely provided by either governments or large companies ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
The proportion of money managed using responsible investment techniques increased from 30 to 40%, faster than the increase of professionally managed funds in 2020, according to the Responsible Investment Association Australia (RIAA). RIAA has released ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Super (9bps), BT Super and AFLPA & AFL Industry MySuper from AMP (8bps each), TWU Super (7bps), and Mercer WGSP and Virgin Money (6bps each). MLC, Commonwealth Essential Super, Qantas's Glidepath and Mercy Super will see an improvement of 5bps each. ...