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Showing 2301 - 2310 of 34160 results for "Over"

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... to Apex Group. Apex Group purchased the super business for $40 million cash and additional payments of up to $20 million over 12 months subject to agreed revenue milestones. The terms remain unchanged from the announcement on January 20. Iress will continue ...

Apostle launches CastleKnight Management in Australia

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... and chief investment officer Aaron Weitman said: "We believe this is one of the most attractive environments we've seen in over a decade. Our approach attempts to capture dislocations and capitalise on volatility whether in equity or credit." Weitman ...

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... 50 compliance plans we reviewed issued qualified audit reports relating to the areas of concern, identified in our review, over the last three audit cycles." "Auditors also failed to raise relevant concerns with ASIC during this period. All 23 auditors ...

Awareness of options could boost advice access: CFS

MATTHEW WAI  |  MONDAY, 2 JUN 2025
Superannuation is the number one topic Australians want financial advice on, however a significant proportion have little to no idea they can pay for it through their super. Based on a survey of 2250 Australians, Colonial First State's (CFS) Empowered ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... said the use of "superseded and inaccurate data" gave consumers "the impression that the average performance of the option over the past 10 years was better than it was." The information was provided via the Super Savings Product Dashboard on the fund's ...

Allan Gray exposes 'hateful eight' bubble threat

ANDREW MCKEAN  |  FRIDAY, 30 MAY 2025
... at the Allan Gray Australia and Orbis Investments investment forum, noted that the Hateful Eight generated a 35.6% return over the past year, while the remaining 292 stocks in the ASX 300 scraped together 2.2%. It's the same story over the past three ...

Regal Partners charts US expansion

JAMIE WILLIAMSON  |  FRIDAY, 30 MAY 2025
... further offshore. In 2023, Regal Partners acquired a stake in mining financer Taurus Funds Management. In doing so, it gained over 20 North American institutional clients. As a result, and with its offshore funds under management (FUM) growing quickly ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... made $1.4 billion in revenues, up 8% quarter on quarter. Individual lump sum risk, which earned $2.2 billion, was stable over the quarter and much of the past 12 months. About five years ago, APRA feared for the viability of some life insurance products ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... consolidation will reduce $2.1 billion (£1bn) per year in costs for consolidated funds by reducing fees by 10 to 20 basis points over the long term. That cost reduction is based on a 12-basis-point reduction in costs applied to $1.6 trillion (£800bn) ...