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Showing 91 - 100 of 2170 results for "Financial Year"

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
... said CFDs are complex, leveraged, OTC products that can expose retail investors to significant losses. In the 2024 financial year alone, 68% of retail CFD investors lost money, totalling more than $458 million, including $73 million in fees.

Active fund managers endure fee pressures, dominate mandates: Study

KARREN VERGARA  |  MONDAY, 19 JAN 2026
... income managers, as well as US small-to-mid, small, micro-cap equity, and high-yield/bank loan strategies. In the financial year to 2025, superannuation funds spent more than $1.9 billion on external fund manager fees, with nearly 60% of the amount going ...

Commonwealth Super anticipates advice take-off

MATTHEW WAI  |  MONDAY, 19 JAN 2026
... if a member truly requires the bespoke service. "We saw 3500 members [through the Super Specialist program] last financial year, we expect it to be 6000 this financial year and probably about 7000 in the following financial year," Gee said. "More of ...

Forrests' donation crowns WA as most generous state: KPMG

KARREN VERGARA  |  TUESDAY, 13 JAN 2026
... Western Australia the most generous state in the country, a new analysis by KPMG reveals. KPMG modelling of 2023 financial year Australian Taxation Office (ATO) data saw a jump in donations from inner Perth to nearly $5.3 billion, up from $382 million ...

GESB alignment strategy sees member, FUM growth

JAMIE WILLIAMSON  |  FRIDAY, 9 JAN 2026
... considering introducing a member app, saying a feasibility assessment will be undertaken before the end of the financial year. "I think it's certainly an area that we acknowledge other funds have and GESB doesn't currently have a member app. ...

NGS Super appoints asset allocation lead

ELIZABETH FRY  |  THURSDAY, 8 JAN 2026
... focus of NGS on strong performance." The fund's diversified (MySuper) option returned 11.17% for the 2024-25 financial year. The result was struck on robust performance in Australian and international shares with high-quality infrastructure assets ...

HESTA records over $10bn in investment returns

ANGELIQUE MINAS  |  WEDNESDAY, 7 JAN 2026
... super fund's announcement to lower investment fees across most of its ready-made investment options in the last financial year; as well as plans to reduce insurance fees, improving net returns for members. HESTA chief executive Debby Blakey described ...

ATO to restrict travel over unpaid super obligations

ELIZA BAVIN  |  WEDNESDAY, 7 JAN 2026
... outstanding tax. Since July 2025, the ATO said it has issued 21 DPOs, more than the total number issued in the financial year ended 30 June 2025. "Taxpayers who have accumulated significant tax debts that they have the means to pay, and who take deliberate ...

Super funds' external fund manager spend hits $2bn

KARREN VERGARA  |  WEDNESDAY, 7 JAN 2026
Superannuation funds spent more than $1.9 billion on external fund manager fees last financial year, with nearly 60% of the amount going to equity fund managers, according to APRA figures. The prudential regulator's breakdown of super funds' ...

ASIC sues BDO Audit for misleading statements

MATTHEW WAI  |  MONDAY, 5 JAN 2026
... that Keystone Asset Management, the responsible entity of Shield, had complied with the compliance plan for the financial year ended 30 June 2022. However, in FY23, BDO noted that Keystone "has not provided us with access to information that we require ...