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Showing 1101 - 1110 of 11690 results for "Make"

Investment veterans take on new roles

ELIZABETH FRY  |  MONDAY, 8 JUL 2024
A former chief investment officer of Zurich Insurance has a new regional lead role, while an ex-TCorp strategy head took on a chief investment officer position. Michael Vos has been appointed head of investments for Asia Pacific. The investment professional ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... portfolio which can be further scaled to take advantage of favourable investment fundamentals for storage assets. HMC will make an initial investment plus additional funding over a three-year period (subject to achieving early-stage development milestones) ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... the regulatory impact on financial advisers and advice businesses. "The amendments and supporting explanatory memorandum make it clear that trustees' current risk-based approaches to assessing advice fee deductions remain appropriate." The bill is ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Committee on Corporations and Financial Services for inquiry and report. The committee also believes the government should make it a legislated regulatory objective of ASIC's or other regulatory bodies to establish and maintain a high level of transparency ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... strategic planning standard, APRA is setting a clear expectation for trustees to put members front of mind in every decision they make and the way they run their businesses every day," APRA deputy chair Margaret Cole said. "Fund expenditure is a significant ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... returned 6.60%. It also meant that Aviva Investors Pacific as its investment manager "has not raised sufficient assets to make the fund viable, particularly in terms of investment and operating cost efficiencies," the RE said. "In addition, there has ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... finalise on September 30. Last year, the Balanced option delivered 10% p.a. "For members under the age of 50 who don't make a choice, we will invest them into a MySuper investment strategy that is equivalent to the ART High Growth option," ART chief ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... The AIA education modules are also a valuable resource for instilling confidence in our customers, and empowering them to make sound financial decisions," Nettheim said. The portal has also been rolled out to Vanguard, AIA said. AIA said the portal is ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... financial planning and investment administration," he said. Meanwhile, Bailador Partner James Johnstone said: "Bailador seeks to make high conviction investments in premium technology businesses at the expansion stage and DASH is a high-quality business ...