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

Search Results

Showing 1431 - 1440 of 8106 results for "Total"

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 for all relevant Commonwealth agencies is $263.6 million, up from last ...

Mercer Super to take on corporate fund

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... parts and services business remains. At the time of its 2022 annual report, HESF had 1753 members and $313.5 million in total assets. Mercer and HESF have an existing relationship, with the former serving as fund secretary, actuary, administrator, and ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... assets grow 5.1% to surpass the previous high reached in December 2021 of $947 billion, the latest APRA statistics show. The total superannuation asset pool hit $3.5 trillion, increasing steadily at 1.1% year on year. Contribution flows, APRA said, were ...

ASIC bans former Gleneagle fund manager

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
ASIC has banned former Gleneagle fund manager, Gregory Tolpigin, from providing financial services for naked short selling. Tolpigin is also banned from controlling a financial services business or performing any function involved in carrying on a financial ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
... to a superannuation fund trustee, under which MetLife would pay a benefit to a member if they satisfied the definition of total and permanent disability. In 2018, a member named Brian Edgecombe lodged a complaint with AFCA over non-payment of such benefit. ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... and Anglo American mines) and Chile (BHP's Escondida). A decade ago, greenfield projects made up well under half of total pipeline. Now according to Bloomberg they have hit 65%. Lithium remains at the forefront of battery technology, particularly ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... new initiatives," he said. Meanwhile, the Productivity Commission has warned Australians paying more than 1.5% of their total superannuation balance in fees are likely being hit by the 'fees-for-no-service' exploit. Bathi emphasised the need ...

Cbus eyes big deals in new investment blueprint

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... Cbus acting chief executive Kristian Fok said the fund's objective is to be an innovative global, long-term investor, with total portfolio expertise. "We are looking to build on the success of our previous five-year strategy that saw 38% of asset management ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... institutions in the global screen industry. It will be capped at producing 40 original productions and increasing to 55 total projects including sequels and continuing series. Over the five-year investment term, the fund is forecast to produce film and ...

Lumiant, Invest Blue build digital advice platform

CASSANDRA BALDINI  |  MONDAY, 15 MAY 2023
Invest Blue will provide Lumiant with $2 million in seed capital to develop a digital platform to boost client engagement. Under the strategic partnership, Invest Blue managing director David Stephen will be added to the Lumiant board as the advice ...