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Showing 1091 - 1100 of 4834 results for "EAC"

Packhorse acquires inaugural property

KARREN VERGARA  |  MONDAY, 12 JUL 2021
The Packhorse Pastoral Company has secured its first property located in Queensland after raising $62.5 million. The agricultural asset manager acquired Stuart's Creek, an 8360-hectare parcel of land located 45 kilometres north-west of Roma, Queensland. ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
MySuper options have delivered the best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
The Association of Financial Advisers has hit back at ASIC and APRA for causing "confusion" and "interfering" with financial advice as they look to introduce new changes to Statements of Advice. The association points to the regulators' joint letter ...

Copia launches impact fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
In a distribution deal with TT International, Copia Investment Partners has launched a new impact fund for Australian investors. Copia launched the TT Global Environmental Impact Fund, which invests in a global equity portfolio with 30-40 stocks. Copia ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

AustralianSuper names next merger partner

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
AustralianSuper is working on its next merger, this time with a 43-year-old industry fund. The nation's largest super fund has signed a Memorandum of Understanding to merge with LUCRF Super, the Labor Union Cooperative Retirement Fund. Established ...

AustralianSuper posts best year yet

KANIKA SOOD  |  MONDAY, 5 JUL 2021
The $225 billion super fund's balanced option returned 20.43% in the year ending June 30, making it its best financial year returns since its start in 2006. AustralianSuper chief investment officer Mark Delaney said the FY21 returns of 20.43% were ...

Aware Super joins APG in Spanish property firm

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund has committed â,¬600 million to a firm in the Spanish residential rental market, joining Dutch pension fund APG as an equal shareholder. Vivenio Residencial Socimi S.A. develops, acquires and manages residential rental properties ...