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Showing 1131 - 1140 of 7095 results for "June 30"

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
ASIC is introducing changes to its market integrity rules in a bid to evade further technological glitches. As of 10 March 2023, financial markets and participants can broadly expect changes to technological and operational rules across information ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
Industry superannuation funds tend to outperform SMSFs and retail funds thanks to their allocation to unlisted assets and by managing investments internally. An Industry Super Australia analysis found that a member who joined an industry fund in 1996 ...

Flexible work expectation gap widens

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
Flexible work arrangements will be a major deal-breaker in retaining and attracting staff as the financial services industry navigates operating in a post-COVID environment. Speaking on a panel for International Women's Day yesterday, Financial Planning ...

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
The Quality of Advice Review should take precedence over other proposed regulatory changes as financial advisers should not be encumbered by two sets of major reforms in a short period of time. This is according to The Advisers Association, which is ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
The $450 threshold, a relic of the superannuation system from 1992 when employers argued it would be too difficult for administrators to pay super on small wages, has finally been scrapped in a win for women - but this is just one small step in addressing ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
Voluntary member contributions helped push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
Media Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger ...

Cannon-Brookes invests in renewables transition

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
Mike Cannon-Brookes continues to make a play for the sustainable investing sector, injecting $200 million into an initiative that will help accelerate the nation's renewable energy transition. The Cannon-Brookes-backed Grok Ventures allocated the ...

SMSF sector grows 11%: ATO stats

JAMIE WILLIAMSON  |  TUESDAY, 22 FEB 2022
The latest annual figures from the ATO show the SMSF sector bounced back from the horrors of COVID-19 to add $80 billion in the year to 30 June 2021. Releasing data today, the ATO said total assets in SMSFs hit $822 billion at 30 June 2021. This is ...