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Showing 91 - 100 of 7532 results for %22June 2011%22

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... completed the successor fund transfer, initially agreed to in February this year. They signed a non-binding heads of agreement on June 27, before finally agreeing in full in with the signing of a successor fund transfer deed on October 20. In total ...

Advisers turning to cash, fixed income: Data

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... Investment Trends 2023 Adviser Product and Marketing Needs report is based on a survey of 1276 financial advisers conducted from June to July. This marks its 16th iteration.

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... hospitality. So, if you're on an award or an enterprise bargaining agreement (EBA), you were impacted by those decisions in June." Over half of the Aussie workforce is on an award, EBA or minimum wage. "It does end up being like 65% of the workforce. ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... long-running fees-for-no-service class action against AMP was approved by a judge yesterday. The class action was filed in June 2018 and came on the back of misconduct made public by the Royal Commission. An amended statement of claim was filed on 7 ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... annum, while MySuper options, covering the largest number of members, maintains competitive average fees of 1% per annum as of June 30. Rainmaker Information research manager Pooja Antil highlighted that MySuper fees fell from 1.05% to 1.00% over the ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... total return of both active A-REIT and GREIT managers was less than passive strategies on a trailing 10-year time frame to June 2023. "On the surface, the average underperformance of active strategies relative to passive strategies in both A-REITs and ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... from 33rd to 12th spot among investment managers by a measure of funds under management (FUM), reaching $9.6 billion as of June 2023. Creber attributes the remarkable rise in rankings to the firm's investment performance and differentiated product ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... in Delaware to establish an iShares Ethereum Trust last week, while NASDAQ has proposed to list and trade its shares. In June, the $9 trillion asset manager similarly registered a Bitcoin trust, which was closely followed by a filing with the US Securities ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... actual figures had dipped to between 8.01% and 8.51%. This pattern continued in a subsequent series of promotions through to June 2023, with the fund claiming an 8.53% return, despite the actual figures ranging from 7.90% to 8.23% Lastly, a webinar that ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... dated November 3, licensees will likely pay $2818 per adviser. "When ASIC published their estimates for the 2022-23 year, in June, the total cost recoveries for financial advisers providing personal advice to retail clients was estimated at $55.5 million," ...