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Showing 1601 - 1610 of 9740 results for "Major"

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's ...

Aware Super to offload farm assets

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
... business viability," he said. Hector added that the funds' investment has significantly enhanced the farmland and achieved major environmental benefits, as well as good returns for members. "As was always the intention though, following 15 successful ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
The proportion of money managed using responsible investment techniques increased from 30 to 40%, faster than the increase of professionally managed funds in 2020, according to the Responsible Investment Association Australia (RIAA). RIAA has released ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
... targets, and we will discuss on public record how it will help customers," Forrest said. "Look around the world...and any major carbon emitter, heavy manufacturing, heavy industry company [that have] said right, we will follow Fortescue, we'll commit ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... given that three years ago it restructured its MySuper product to become a lifecycle. Its balanced option, which forms a major element of how it implements its lifecycle strategy, ranks top 10 over three years, and this is even before we consider how ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
The Future Fund delivered its strongest performance to date, turning in 22.2% per annum at the end of June 2021. In releasing the financial year results this morning, the sovereign wealth fund also saw assets under management reach $196.8 billion. Chief ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... normalisation of non-recurring project revenue, partially offset by strong member and services growth, Link said. RSS renewed its major clients including Cbus and HESTA. Meanwhile, corporate markets generated $365 million of revenue in FY21 equating ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... revenues of $26.4 million have more than doubled. Sequoia chief executive Gary Crole sees more opportunities in this space as major banks exit advice. "Our goal is to capture the quality practices and provide licensee services for up to 8% of the overall ...