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Showing 1411 - 1420 of 34270 results for "Financial"

AustralianSuper's MySuper option returns 9.5%

KARREN VERGARA  |  MONDAY, 7 JUL 2025
AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers. The MySuper Balanced option, in which the majority of its nearly 3.7 million members are invested, has about 25% invested ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support ...

Adviser exam pass rate drops once again

MATTHEW WAI  |  MONDAY, 7 JUL 2025
The results of the 29 th Financial Adviser Exam have been handed down, with only 66% of candidates passing. In the June 5 exam cycle, a total of 237 people sat the exam; 75% (179) sat the exam for the first time. Eighty people (34%) have failed the ...

MA Financial makes $380m real estate investment

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
MA Financial Group has confirmed institutional funding of $380 million for the delivery of a $540 million development in North Burleigh. The investment has been made via MA Financial's $1 billion Australian Real Estate Credit Vehicle was announced last ...

Cbus, Rest deliver 'strong' returns amid heightened volatility

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
Cbus and Rest have reported their results for the financial year ending June 30, sharing common themes in success from both domestic and global investments. Cbus Growth MySuper investment option returned 10.29% throughout the period. Its High Growth ...

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... but it was the low-cost, indexed-based strategy that outmuscled the other. Vanguard Super returned 13.5% p.a. for 2025 financial year for members aged 47 and under. Since its inception nearly three years ago, Vanguard Super's default MySuper Lifecycle ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

Profile Financial Services names new chief, chair

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Profile Financial Services has announced two significant changes to its executive and board leadership, which it said signals renewed focus on growth, and continuity. Shane Dooley has been appointed as Profile's new chief executive, commencing 4 ...

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... administrators and other industry associations the Super Members Council, the Council of Australian Life Insurers and the Financial Services Council. Former chair of the Superannuation Complaints Tribunal Jocelyn Furlan chaired the broad working group. ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... due to the initial levy estimate, issued in January 2025, exceeding the $20 million sub-sector cap for the personal financial advice sub-sector. With the assistance of CSLR's principal actuary, the revised estimate for the 2026 financial year has ...