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Showing 1211 - 1220 of 7723 results for "Currently"

Future Super switches up service providers

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2023
... this year a decision was made to upgrade the systems and change administration providers," it explained. The fund is currently administered by OneVue and has been since its launch in 2014 as a sub-plan of the Grosvenor Pirie Master Superannuation Fund ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... loan-to-value of 40%. These are typically larger businesses with significant equity cushions. This type of risk profile is currently offering an unlevered yield of 11%-12%," Clarke told Financial Standard. While there is currently less volume in terms ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... contributions earlier and more frequently. For example, by switching to payday super, a 25-year-old median income earner currently receiving their super quarterly and wages fortnightly could be around $6000 or 1.5% better off at retirement. More frequent ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... considers is fair and reasonable, and which may therefore be deducted from the Settlement Sum," the shareholder notice said. Currently, Maurice Blackburn said it is not possible to estimate how much each participant will receive as it needs to take into ...

Housing crisis costing Australia $64bn: Aware

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
... socio-economic and environmental benefits for communities and individuals - the evidence is clear, we must do more." Currently, 1.4 million essential workers are currently living in Australia's capital cities. The fund said its EWH program, established ...

Dimensional launches Aussie fund to NZ market

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... Zealand investors. The new PIE offering is based on the Australian Sustainability Trust which launched five years ago and currently has about $800 million in assets invested. Dimensional has partnered with fund hosting platform FundRock New Zealand to ...

ASFA names acting chief, chair

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... Superannuation Complaints Tribunal Advisory Council. Meanwhile, ASFA has reappointed Gary Dransfield as chair. Dransfield is currently a non-executive director of Hollard Insurance and the Australian Financial Complaints Authority (AFCA). He has been ...

FIIG Securities picks Equity Trustees for new fund

CASSANDRA BALDINI  |  WEDNESDAY, 4 OCT 2023
... that the firm is focused on working with FIIG "in this continuously evolving fixed income asset class." FIIG Securities currently manages $300 million in individually managed accounts across four fixed income strategies and has a further $5 billion of ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... November 4. Meanwhile, the second phase is expected to occur in the first half of 2024 and involves the transfer of members currently receiving lifetime pension entitlements. "The Group Super trustee decided to split the merger due to the complexity ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... data found a significant portion of Australian taxpayers will breach the cap in their lifetime and 500,000 individuals currently saving for retirement or already retired could be impacted if the cap remains unindexed.