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Showing 1651 - 1660 of 8107 results for "Total"

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... investment strategies. "The portfolio continues to be positioned moderately below a neutral risk setting." The Future Fund's total funds under management sits at $241 billion. Meanwhile, as previously reported by Financial Standard, in its maiden budget ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... compounded by inaction or ineffective action." This matter was the final case brought by ASIC out of the Royal Commission. In total, about $160 million in penalties has resulted from the Royal Commission so far. "The penalties handed down from ASIC's ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... support children's learning and development and their readiness for school." The changes will cost about $4.7 billion in total. The ACCC will also conduct a 12-month inquiry into rising early childhood education and care costs. Commencing in January ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... be carried out, along with a review of their respective remediation processes. Commonwealth Bank said it has already paid total remediation of $6.5 million including interest. "It is essential that market participants have appropriate systems, governance ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... an additional 10,000 new affordable homes. State and territory governments will add up to 10,000 new homes as well, for a total of 20,000. Treasurer Jim Chalmers said the Accord is backed by superannuation funds, who will leverage more investment to ...

Citi launches digital proxy voting service

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
Citi Securities Services has launched its digital proxy voting service, Vote Connect Total, in Australia and New Zealand. The tool will be provided by Proxymity and allows golden source meeting announcements and agendas to be published directly from ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... investors are being pressured into sub-optimal investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% in FY22, from $3656 to $4685, Russell Investments' analysis ...

Aura Group launches multi-asset solution

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
... portfolio, taking an active approach to asset allocation using both quantitative and qualitative assessment." The fund targets a total net return of CPI plus 2.5% over rolling five-year periods and is managed by Aura director and portfolio manager Ainsley ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... overestimate investment income 40% set unrealistic return expectations and 46% underestimate how long they will live. A total of 41% are too conservative with their investments, 39% forget to factor in healthcare costs, 33% rely too much on public benefits ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
... insurance protection but cannot afford an up-front fee to pay for it. "The recommendations proposed will steadily increase the total number of in-force policies, with the level of comprehensive advised sales still falling," NMG said. "But not as far ...