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Showing 1121 - 1130 of 6475 results for "September"

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... integral part of the superannuation industry, and that the government is keen to support the sector where it can. "As at September last year, there are more than 591,000 self-managed super funds accounting for $728 billion or around a quarter of funds ...

New corporate bond fund launches

ELIZA BAVIN  |  TUESDAY, 16 FEB 2021
... investors. Artesian said the fund was seeded by an Australian ethically minded super fund, which has been running since late September. The Artesian Green & Sustainable Bond Fund aims to offer investors access to a diversified portfolio of green, sustainable ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... "New Tax Office figures showed 1.54 million workers remained on JobKeeper at the end of 2020 - down from 3.6 million in September 2020 - while about 520,000 companies have stopped receiving the payments as their trade recovers." Even Reserve Bank of ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... year ending 31 March 2021. MAM had assets under management (AUM) of $550.9 billion at 31 December 2020, down 1% from September 30. During the third quarter Macquarie Infrastructure and Real Assets (MIRA) equity under management also decreased 2% to $137.1 ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... of approximately $80 million plus costs, payable by Australian Executor Trustees (SA) Limited." IOOF also flagged in September 2019 that it would explore "all legal options" in appealing the case. IMF is expecting net income of roughly $30.5 million ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... on to hold senior roles with Citigroup Australia, Tower Australia (now TAL) and ING. Madden has been with Rest since September of last year, joining from iCare where he had worked as a consultant for more than four years. Madden joined the state government ...

Rest GM to head BT platforms

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
BT has appointed a former Rest executive as head of platforms after Dina Kotsopoulos' departure in September last year. Kieran Varcoe will step into the role, joining BT from $55 billion industry fund Rest where he was general manager of administration ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... fossil fuels. It comes after their campaign calling on UniSuper to divest proved successful, with the fund announcing in September 2020 that it would divest thermal coal mining companies including Whitehaven Coal, New Hope Group and Washington H Soul ...

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
Risk premium inflows experienced marginal decreases in the 12 months to September 2020, new research shows. The latest data from Plan For Life showed inflows decrease by 0.4% with the largest falls from BT/Westpac (-20.8%) and AIA (-10.1%). These were ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
... As a result of the campaigns, Westpac increased its funds under management by $650 million between January 2013 and September 2016. Westpac won the original case in December 2018, with the Federal Court ruling that Westpac Securities Administration Limited ...