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Showing 171 - 180 of 2195 results for "In March"

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... there are no further disputes, the payments will be made. Macdonald expects that the entire process will finalise either in March or June of next year. Some 475 group members took part in the class action. Ninety-two or 20% of the participants opposed ...

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... 1.46% per annum or $17 billion since inception. NZ Super Fund chief executive Jo Townsend, who stepped into the top job in March after eight years at Funds SA, credited robust global share market returns for the fund's strong investment gains. "Declining ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... relation to the s1041G offence. The sentence comes after the guilty plea of David Sipina as a defunct investment manager in March, and the sentencing of Athan Papoulias for his role in the unlicensed financial services business last year. Commenting ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... the end of FY24, the firm had $55.4 million in co-investments comprising TOT ($50.3m), TCF ($4.4m), and PCF ($0.7m). In March, the group disposed its 14.8% holdings in Hotel Property Investments (HPI) to Charter Hall in return for $96.9 million and a ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... managers. In July, AOF sold 2-10 Valentine Avenue, Parramatta for $80.5 million at a 6% discount. Settlement is due to occur in March 2025. Brisbane CBD tower, 150 Charlotte Street, went for $64.5 million in April, higher than its $62 million valuation. ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... introduced into parliament today by social services minister Amanda Rishworth, following the government's announcement in March that it would begin paying Superannuation Guarantee (SG) contributions alongside the parental leave payments. Under the ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... million out of BBY's Futures client segregated account to fund a margin payment owed to ASX Clear in June 2014. Similarly, in March 2015, she caused the transfer of $1.6 million and $350,000 out of client money accounts of the Saxo Buffer account and ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... fire last year. Ninety-six out of 97 TDPs failed the inaugural choice performance test. Treasury launched a consultation in March asking stakeholders to propose options on how it can improve the test to "hold trustees to account for delivering the best ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... lifecycle investment option, GoalTracker, posted returns ranging from 9.2% to 12.3% last financial year. Since its inception in March 2020, GoalTracker has delivered average annual returns of 8.3%-11.3%. Russell Investments head of Australia and New ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... election, Howarth said, in one of his first major public addresses since being reshuffled by opposition leader Peter Dutton in March, his goal is to implement the necessary reforms quickly as "time is of the essence". "The work's been done. We understand ...