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Showing 1541 - 1550 of 9376 results for "Income"

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... across Pendal's cash strategies and global equities strategies but were offset by outflows from Aussie equities and fixed income of $0.7 billion. Perpetual said these mainly came from one intermediary client. The wealth management business' total funds ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
Morningstar has downgraded four fixed income products following its annual fund manager review. As part of the 2022/23 review, Morningstar completed qualitative assessments of 72 fixed income strategies. As a result, four products were downgraded and ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... firms' innovative trading solutions and deep industry experience to create more liquid, transparent and efficient fixed income markets. This acquisition would provide Yieldbroker's domestic client network, including superannuation funds, with access ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest income, and a 32.9% decrease in net income. Following these results, the bank's stock price dropped by 50%. In addition to ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... to $85.8 billion, and direct capabilities attracted net inflows of $902 million. This was primarily into Antares Fixed Income. Investment earnings of $857 million were almost all in multi-asset and attributed to the recovery of asset values, it said. ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... and smartMonday were products marked with the lowest grade of dark red. A slew of OnePath products such as Pendal Monthly Income Plus, Perpetual Conservative Growth, UBS Defensive, and a range of its in-house options such as OptiMix Growth and OnePath ...

Link to offer Allianz Retire+ solution to super funds

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... Under a newly inked deal, members of Link Group's superannuation fund clients will have access to a suite of retirement income solutions from Allianz Retire+. Up first, Allianz Guaranteed Income for Life (AGILE) will be available on Link Group's Pathfinder ...

Ad hoc changes to super scare self-funded retirees: ASA

CHLOE WALKER  |  MONDAY, 24 APR 2023
... regime requires individuals to create savings and asset allocation to build wealth over many decades, and then to deliver income through, hopefully, many decades of retirement, directly or indirectly through superfunds," it said. "While not tackled in ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... sums, which has reversed course so dramatically that it now appears to be the new normal. Instead of relying on a steady income stream through pensions, more retirees are choosing to take larger lump sum payments upfront. In 2015-16, the share of benefits ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... ASFA report, the government's proposed superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% reduction in tax ...