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Showing 161 - 170 of 1731 results for "Minimum"

New investment fund to drive gender equality

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... equality for women and their children in Australia. The fund will charge zero management or performance fees and requires a minimum investment amount of $250,000. All major service providers to the fund, including Citigroup, Equity Trustees and Boardroom ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... complex or restrictive definitions of an incident, while others didn't have a definition at all. Some licensees set high minimum thresholds around financial or other impacts. All these practices reduced licensees' ability to identify incidents," ASIC ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... superannuation contributions." Kirkland said when selecting investment options, superannuation trustees should not rely on a minimum external investment rating as the sole criteria for inclusion on their investment menus. "They should also effectively ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... was having minimal disruption and the maintenance of the services, if not an improvement in the services. At the very minimum, we'll maintain what we do. The Entireti team that run those events have come across, so there was minimal change for us," ...

OC Funds Management launches fund, scores mandate

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... record to deliver superior returns for investors," Frost said. The fund charges a management fee of 0.85% and requires a minimum investment of $20,000. It also charges a performance fee of 15.375%.

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... ultimately been endorsed by the courts," Singh said. In effect, Abood sees it as the advisers "being forced to underwrite the minimum return guarantee for the clients of every failed adviser". "The fact that client losses are defined not as money lost ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... to be the clearest form of accountability. Apart from board members, jointly held responsibilities should be kept to a minimum," they said. Cole and Court said banking, insurance and superannuation entities are encouraged to review the observations and ...

Work-related training boosts pay and productivity: CEDA

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... to reverse declining literacy and numeracy skills among school students, ensuring disadvantaged children can meet the minimum standards necessary to enable learning in later life. "Done well, workplace training offers significant benefits for relatively ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... returns of 9% to 13% per annum, targeting retail investors in Australia and New Zealand. Investors purchase DFTs at a minimum of $5000 in exchange for one unit in the MezFi Fund 1. The fund invests in mezzanine finance deals in the property sector. The ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... multi-employer schemes, the government explained, with some members investing in more than one fund. The government wants to set a minimum size requirement for these funds to ensure they deliver on their investment potential, it said. The government ...