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Showing 191 - 200 of 3837 results for "APPEA"

Vanguard, CFS deliver strong FY25 returns

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The two retail superannuation funds delivered strong returns for members, but it was the low-cost, indexed-based strategy that outmuscled the other. Vanguard Super returned 13.5% p.a. for 2025 financial year for members aged 47 and under. Since its ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
The Compensation Scheme of Last Resort (CSLR) has released a FY26 revised levy estimate, coming down slightly from the figure estimated in January. The CSLR said the need for a revised estimate was triggered due to the initial levy estimate, issued ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
A former financial adviser is now banned for 10 years after she was found to have knowingly charged fees for no service. Kiriley Roper was a director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

Improved economy not a guarantee of business success

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
While Australia's chief financial officers are confident the economy has passed its low point, this doesn't necessarily stretch to their own business performance over the next 12 months. Deloitte's biannual CFO Sentiment report gathers responses from ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
TelstraSuper is making a strategic investment in New York's John F. Kennedy International Airport as it undergoes a major redevelopment. JFK Airport is being transformed, with a US$19 billion project currently underway, including US$15 billion of ...

AMP North launches model portfolio solution with BlackRock, Lonsec

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
AMP North has partnered with BlackRock and Lonsec to launch a model portfolio offering. North introduced its "market first" 'Blend' capability today, which enables advice practices to customise assets within model portfolios. The latest model portfolios ...

MLC AM delivers real returns for members in FY25

KARREN VERGARA  |  MONDAY, 30 JUN 2025
Staying the course on listed equities amid tariff-induced market turbulence has led to MLC Asset Management achieving double-digit returns for the 2025 financial year and, more importantly, real returns for members, according to its investments chief. ...

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
Managed funds domiciled in Australia received $8.6 billion in inflows from January to May this year, over 20 times the level recorded over the same period last year, according to global funds network Calastone. Calastone said local investors appeared ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...