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Showing 111 - 120 of 5556 results for %22Income Fund%22

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... relevant firms and begin collecting it. This first levy is to be paid by the 10 largest banking and insurance groups based on income reported to the ATO in FY2021-22, with a first instalment expected to be paid within 30 days of receiving an invoice. ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Fund Solutions finalised the compensation amount of $438 million it will pay investors in the failed Woodford Equity Income Fund.

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... process and reliance on a recovery in the fortunes of the minimum volatility style factor. The First Sentier Equity Income fund was handed a downgrade as some share classes had dropped in relative ranking within its Morningstar category. Meanwhile, Perpetual ...

Woodford investors approve Link redress scheme

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Close to 100% of investors trapped in the failed LF Woodford Equity Income Fund have approved the compensation scheme under which up to $438 million will be paid by Link Fund Solutions. About 93.7% of investors - representing 96.1% of the value - voted ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... through its in-house investment team and strategic partnerships. The fund believes that private credit can offer attractive income and returns, alongside stability during uncertain economic conditions. AustralianSuper head of private credit Nick Ward ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... accounts. "Younger investors will need to generate more wealth through superannuation to allow them a comfortable retirement income. While younger investors have the benefit of longer working lives and a rising superannuation guarantee, they will need ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... According to the study, three in five respondents believe that staying in their family home is more important than a higher income in retirement. "For as long as we can remember the Australian dream has been debt-free home ownership, which provides the ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... Funds in the Life Policy, under which the margin earned by BTFM's related entity, WLIS, was inversely related to the Income Rates earned on behalf of members of the Funds". Therefore, BTFM "did not appropriately manage the conflict of interest" and ...

SMSF Association blasts 'highly questionable' ASFA research

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... assertion, which is based on ATO sample data, that less than 1% of SMSFs with balances over $3 million have farm-related income. The government has proposed an additional tax (15%) on earnings for individuals with a total superannuation balance that ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
... portfolios by either increasing or decreasing the duration of their existing bond portfolio. "Our new range of geared fixed income exposures can play a helpful role in allowing investors and asset allocators navigate different market conditions in a ...