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Showing 1511 - 1520 of 8243 results for "June"

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... top spot in Roy Morgan's latest superannuation satisfaction report. HESTA was named the winner for the six months ending June 2021, toppling Catholic Super which won the last round to January 2021. "Our focus on putting members first in everything we ...

Six new ombudsmen at AFCA

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... Curtis and Suanne Russell, who recently joined the organisation, from ASIC and Westpac respectively. Deputy chief ombudsman June Smith said: "It's terrific that we have been able to secure such skilled and experienced people. Our internal promotions ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... three years. Another concern is that the FY21 estimates are based upon 21,308 advisers when there were less than 20,000 as at June 30. AFA acting chief executive and general manager of policy and professionalism Phil Anderson said the levy essentially ...

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... now received a total of $2.3 billion of proceeds made up of $2.1 billion in cash and $240 million in dividends payments. In June, CBA also announced the sale CommInsure General Insurance to the Hollard Group. The sale agreement includes a 15-year strategic ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... been planning to launch a super product since it first started in the Australian market three years ago. Superhero's June $25 million capital raise saw institutional investors, Perennial Investment Management, Regal Funds Management and Thorney Investment ...

Royce Investment Partners launches small-cap fund

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... can improve many investors' outcomes." The launch comes as Franklin Templeton closed its retail Australian Equity Fund on June 16 and funds are expected to be returned to investors at the end of this month. Elsewhere, Franklin Templeton subsidiary ClearBridge ...

Super fund chair outlines future strategy

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
... product returned 31.82%. Meanwhile, Catholic Super's PositiveIMPACT was launched in November 2017 and in the 12 months to June 30 saw a return of 21.45% in super and 24.16% for the pension option. Catholic Super was also one of the founding funds ...

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
... invested appropriately, based on their appetite for risk." Spaceship's Universe Portfolio returned 46.18% in the year ending June, taking its annualised returns to 30.39%. Its flagship superannuation option GrowthX returned 23.41% over the same period ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... group then went quiet before emerging as the UFAA in July 2019, saying it was looking to grow its membership to 2500. In June 2020, the UFAA called on members to boycott the FASEA exam. And, in October 2019, the association said it was lobbying parliament ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... ECB's latest move is in line with its objective of "anchoring the recovery". As ECB president Christine Lagarde declared in June: "We have to take the economy through the pandemic and into a recovery phase, which has now started. We need to really ...