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Showing 1481 - 1490 of 8245 results for "June"

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... Super, which Hostplus is also currently working on a merger with. The funds said their initial discussions, first announced in June, determined "the funds' respective members, contributing employers and associated communities would realise scale ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... shows positive signs of recovery but it's still a far cry from the company it was four years ago. In the six months to June, the group's underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... 2019 - after the Royal Commission's final report - when the number of accounts in the system sharply decreased. As of June 2020, there were 24.4 million super accounts in the system, a significant decline from the 27.4 million in June 2019. ASFA ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... that CBA foreshadowed when CountPlus entered into an agreement to buy the bank's aligned advice business. The year to June 30 saw CBA's net profit after tax grow almost 20% to $8.7 billion, driven by business lending, home lending and household ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... dividends to be paid to shareholders. The new offer values Iress at a 45.3% premium to its undisturbed share price of $10.95 on June 9 and a 61.2% increase to the volume weighted average price ($9.87) for the three months to June 9. The Iress board said ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... lockdowns have slowed some interview processes but said they haven't cooled the overall job market. For the period of April to June 2021, 59% of Kaizen's recruitment assignments were completed within funds management, with the remainder across superannuation ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... Parramatta Court on August 6. Kourieh was a director of Nexus Financial Planning which was trading as Hillross Bella Vista, from 8 June 2010 until 14 March 2016. Nexus has previously purchased a client book for SuperLeader, an AMP corporate superannuation ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... year's administration fees instead of eight years' average in the APRA performance test. The bill passed the Parliament on June 17, with the first set of legislation coming into effect on July 1. APRA recently said it expects to mail out the ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
... Also good, employment figures for the previous two months were revised upwards by a total of 119K - 31K in May and 88K in June. The US unemployment rate dropped from 5.9% in June to 5.4% in July - better than market expectations for a decline to 5.7%. ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... failing funds must send to their members, according to Industry Super Australia (ISA). The bill passed the Parliament on June 17, with the first set of legislation coming into effect on July 1. APRA recently said it expects to mail out the first batch's ...