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Showing 2051 - 2060 of 19405 results for "One"

Multi-asset funds see $1bn exodus

KARREN VERGARA | WEDNESDAY, 11 OCT 2023

... longest run of money leaving managed funds on Calastone's record. In September alone, multi-asset funds shed $288 million, also one of the worst months Calastone has seen of investors taking their money elsewhere. Between 2019 and 2021, multi-asset funds ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI | WEDNESDAY, 11 OCT 2023

... the potential losses associated with meeting the new tax liability. Burgess stipulated that other recent studies show around one in four SMSFs impacted by the tax change hold property. "Given many will be small business operators and farmers who hold ...

Future Super switches up service providers

JAMIE WILLIAMSON | TUESDAY, 10 OCT 2023

Future Super will soon transition to both a new administrator and custodian, with new contracts taking effect next month. The new mandates follow Future Super transitioning away from Diversa, appointing Equity Trustees as its trustee in July. "Future ...

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI | TUESDAY, 10 OCT 2023

... isn't convinced on that point. "There are two ways to look at higher oil prices and the impact on the economy," he said. "One is clearly that it increases prices and inflation rises, but the other is it effectively attacks the household sector, so ...

Meat industry super fund rebrands

KARREN VERGARA | MONDAY, 9 OCT 2023

... shows that it is possible to deliver great returns at a low cost, and this is as important to our members as it was on day one." Australian Food Super has about 65,000 and more than $3 billion in funds under management. According to APRA's FY23 statistics ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI | MONDAY, 9 OCT 2023

... sought financial counselling. The National Debt Helpline (NDH) for example has seen demand for its services increase by around one-quarter from the low level experienced during the pandemic. Nonetheless, most households have continued to service their ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER | FRIDAY, 6 OCT 2023

... inheritance is expected to be passed between generations by 2050, it seems much of this could be lost during transfer, with one in five (20%) over-50s worried about additional costs and legal fees impacting their ability to leave a legacy. Australians ...

Advised Aussies more financially confident: Research

KARREN VERGARA | FRIDAY, 6 OCT 2023

... income earners, Gen Ys are on the verge of receiving unprecedented levels of intergenerational wealth via inheritance or gifts. One in Two Gen Y already have or are likely to come into an inheritance or major financial support," the Value of advice report ...

Adviser cops 10-year sentence

KARREN VERGARA | FRIDAY, 6 OCT 2023

... relationships with many of the victims. "These victims describe how you would lull them into a false sense of security, with one victim in particular noting how you would visit her at her retirement home, bringing flowers and taking her out to lunch," ...

Hostplus member experience lead to exit

ELIZABETH FRY | THURSDAY, 5 OCT 2023

... role in December 2018. In a LinkedIn post, Watson said the 'bittersweet' decision was not made lightly. "It's one steeped in my having truly valued and enjoyed my twelve and half years working with this incredible fund and many passionate ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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