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Showing 131 - 140 of 300 results for "Arrive"

Asset allocators not prepared for market complexity: Milestone

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2020
... exposures. Milestone said the research shows that a clear industry consensus on the best type of technology solution is yet to arrive. Around 38% of respondents said they either do have, or would prefer to have, a built for purpose institutional asset ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... domestic and global markets," AustralianSuper deputy chief executive and chief investment officer Mark Delaney said. "To arrive at the end of the financial year with a positive result given the turmoil we have seen is a very good outcome for members. ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
For a moment, Australia's superannuation system was beyond the magic $3 trillion mark. But, COVID-19 momentarily set the sector back, according to new data. Latest Australian Bureau of Statistics data shows the super sector was smashed to the tune of ...

Pengana eyes fully franked dividend

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... result in a slightly higher turnover in the portfolio to realise investment profits and deliver franking credits that will arrive from the tax paid on profits. In an announcement to the ASX, PIA chair Frank Gooch said the fund is positioned to meet its ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... recommendations by six months. The amended timetable sees measures the government was committed to deliver by June 30 set to arrive by December, and measures scheduled for December now due to arrive in June 2021. Additionally, commencement dates in Royal ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
In a webinar for the Financial Planning Association of Australia members, assistant minister for superannuation, financial services and financial technology Jane Hume delivered some welcome news about the extension to FASEA requirements. Hume confirmed ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
The financial advice chief of a major industry superannuation fund has departed, as the fund's leadership shuffles. UniSuper chief of financial advice John (Jack) McCartney left the $86 billion industry fund late last month, after more than six ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... of COVID-19 on superannuation fund balances. "We encourage insurers to work proactively with superannuation trustees to arrive at fair outcomes for members making insurance claims," it said.