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Showing 171 - 180 of 1878 results for "Never"

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... up to a spread of six percentage points. Over decades in Australia, even the highest yielding ABS and RMBS have virtually never lost investors a cent." The new offering comes with a management fee of 0.35% a year, with IAM saying it provides investors ...

Harvard endowment delivers 9.6% return, hits $53.2bn

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion. The endowment, which targets an 8% annual return, has achieved an annual return of 9.3% over the seven years ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... found 61% of Australians are unaware that their superannuation fund is charging them multiple fees, with one third having never reviewed or compared fees across funds. Most super funds apply multiple charges to account holders, including administration ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... combined with the number of older financial advisers retiring and fewer younger people entering the profession, there's never been a greater need for sound and trusted advice." AZ Next Generation Advisory (AZ NGA) acquired Pride Advice in 2015, which ...

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Colonial First State (CFS), the best-performing super fund of the last financial year, has ruled out the idea of adding crypto to its investment portfolio. Despite its popularity, with nearly five million Australians owning crypto, CFS chief investment ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
The Australian Competition and Consumer Commission (ACCC) won't block Stockland and Thai property developer Supalai's plan to acquire 12 of Lendlease's 16 residential community projects, but there are strings attached. The masterplanned communities ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Platinum Asset Management has rejected alternatives investment manager Regal Partners' takeover bid. Platinum's board unanimously decided that Regal's offer undervalued the company and wasn't in the best interests of shareholders. "The board of Platinum ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
Australians are enduring the longest stretch of economic hardship since 2011, according to analysis by the Committee for Economic Development of Australia (CEDA). CEDA's analysis of the "misery index" - which combines inflation, unemployment, and interest ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... More Australians than ever are set to enjoy a dignified, comfortable retirement, and the future of retirement savings has never looked brighter," Delahunty added. The COVID-19 early release program is also a factor, with up to one million super accounts ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... inquiry into what happened at Dixon Advisory is critical, so we can learn the lessons of this failure and ensure it can never happen again," she said.