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Showing 1401 - 1410 of 8106 results for "Total"

Smart beta ETP market share matures: Morningstar

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
... Australian smart beta ETP market was relatively mute in 2022, with a modest increase of two smart beta ETPs, brining the total to 36. Also, assets only grew marginally by 1.2% to $9.1 billion, largely driven by net new inflows. The broader market contraction ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... the $1142 that it was frozen at in recent years. Licensees will pay a minimum levy of $1500 plus $3217 per adviser. The total estimated cost recovery amount is $55.5 million for licensees that provide personal advice to retail clients. The cost of regulating ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

NGS, Minderoo back Adamantem fund

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... Trading, a provider of sustainable packaging solutions, is the fund's first investment. The EOF is targeting $350 million in total. The Clean Energy Finance Corporation (CEFC), a cornerstone investor in EOF with $35 million, also invests alongside Manulife ...

Ontario Teachers' appoints head of APAC

CASSANDRA BALDINI  |  WEDNESDAY, 28 JUN 2023
... natural choice for this expanded role," he said. The Canadian pension fund has more than 85 employees in the APAC region and total net assets of $282.1 billion as at 31 December 2022.

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... third-party debt test. Previously, the safe harbour test allowed entities to deduct all interest expenses provided their total debt did not surpass 60% of their total assets value. The newly proposed fixed ratio test permits the deduction of all interest ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... arrangements with MLC Life, TelstraSuper said income protection premiums will come down as much as 30% for some members. Total savings on offer are determined by age and gender, however the fund said the smallest saving is still 11.5%. TelstraSuper has ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... insurance premiums processed through APRA-regulated funds witnessed an uptick of 4% in 2021-22. Although this pushes the total premiums to $8.7 billion, it falls short of the $9.2 billion recorded in the pre-Covid era of 2019. On the other hand, group ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... Services of 1763 at the end of the period, AMP has the lion's share of complaints AFCA has registered. Just 22 out of the total 81 complaints are deemed to be resolved. Commonwealth Financial Planning (53), Charter Financial Planning (43), Bridges ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... locations against an uncertain macroeconomic backdrop." Dexus added the weighted average capitalisation rate across the total portfolio expanded by 32 basis points (bp) over the past six months from 4.8% at 31 December 2022 to 5.12% this June. Further ...