Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1131 - 1140 of 10105 results for "Trust"

AustralianSuper reports 'solid return', lags rivals

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... comparatively weak to other industry funds that have reported results. For instance, earlier this week, Australian Retirement Trust's balanced investment option generated 9.86%, while its high growth option reaped 11.3%. Today, Aware Super's high growth ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
APRA reissued guidance around strategic planning and member outcomes, placing a clearer focus on superannuation members' interests when it comes to fund expenditure. The regulator updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes ...

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... thereby enhancing our ability to generate strong risk-adjusted returns for our investors." Notably, the Arnott Opportunities Trust, which is available to Australian wholesale investors, posted a return of 12.74% for the year ending 31 May 2024. Since ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... strategies and segregated mandates," the spokesperson said. The Aviva Investors Multi-Strategy (AIMS) Target Return Fund, a unit trust that was only nine years old, launching in Australia in 2015, has been terminated following poor performance and lack ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Superannuation funds continue to grapple with their retirement income strategy obligations, citing financial advice regulation uncertainty, costs, and the lack of member engagement as major barriers. This is according to joint oversight by ASIC and ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
GigSuper, the superannuation fund designed for the self-employed, has entered voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
DASH has secured a $20 million investment from Bailador Technology Investments. The advice technology solutions company plans to use the funding to accelerate its software and platform technology while expanding its team. DASH aims to grow its workforce ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the $370 ...