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Showing 1451 - 1460 of 8243 results for "June"

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... NGS's MySuper product has three-year returns of 7.6% p.a. (rank 41) and one 10-year returns of 7.9% p.a. (rank 35), to June end. This is lower than median workplace MySuper option's 7.9% p.a. over three years and 8.4% p.a. over 10-years. ACSRF's ...

Superannuation assets hit $3.3tn

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
Australia's total superannuation assets ended June 2021 with $3.3 trillion, 14.7% higher than a year ago. Of this, $2.26 trillion are APRA-regulated, up 17.2% from previous years, according to June-end superannuation statistics released by APRA ...

Douugh rolls out robo-advice

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... financial health for everyone regardless of where they start their wealth journey." Goodments by Douugh launched in Australia in June as a stepping stone before Douugh's banking app attempts to break into the local market. The Goodments by Douugh ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... 10,000 accounting firms operating in Australia, Sequoia holds about 25% of the market and wants to increase this to 50% by June 2022. Net profit after tax for the group jumped 187% to $5.5 million.

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a comfortable retirement ...

VGI Partners posts $43m in June half profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
The $3.2 billion Sydney boutique posted statutory net profit after tax of $43 million for the six months ending June. VGI Partners' normalised NPAT was $42.9 million for the June half and deducts unrealised fair value gains on investments and adds ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
... $46.7 million, as the company closed Dixon Projects that were subject of regulatory scrutiny. Total funds under management at June end were $6.7 billion. "Execution of the group's strategy and further implementation of the divisional growth initiatives ...

AUSIEX hires head of risk from BTFG

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... he said. Tokyo Stock Exchange-listed Nomura Research Institute (NRI) acquired CommSec Adviser Services (CAS) last year. In June, CAS rebranded to AUSIEX. "Following NRI's acquisition of AUSIEX in May, we continue to expand our team of industry specialists ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... market share continued to grow to 3.9% up from 2.5% last year. It is targeting a platform FUA range of $63-$70 billion by 30 June 2023. "I am proud that HUB24 has been recognised as Australia's Best Platform Overall with the highest level of adviser ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... paltry, but a great deal more than consensus expectations for job losses of 46,200. The unemployment rate fell from 4.9% in June to 4.6% in July. This is the ninth consecutive month of declining rate of joblessness, the lowest reading in 13 years and ...