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Showing 221 - 230 of 12142 results for "May"

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... reserve and smoothing returns "could lead to inequities where the members who contribute to the reserve in a windfall year may not obtain the benefits of smoothing in later years when there is a market shock." It added: "Reducing the investment return ...

Virgin Money Super increases administration fees

MATTHEW WAI  |  FRIDAY, 13 FEB 2026
... balance of $50,000, they will pay about $212 in administration fees and costs plus a flat fee of $58. The asset-based fee may be reduced to 0.074% p.a. if the member is eligible for the Virgin Money Super Baby Break. Although other administration costs ...

Bullish on AI? Don't buy US tech: Vanguard

ELIZA BAVIN  |  FRIDAY, 13 FEB 2026
... (AI) has become a transformative economic force. However, while today's AI leaders dominate headlines, tomorrow's winners may look very different. Speaking at an event yesterday, Davis said: "The more bullish you are on AI, the less you should be overweight ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... Another advice-related class action commences against Count Financial in August 2020 was dismissed by the Federal Court in May 2025, with the order for legal costs to be awarded to Count Financial. However, CBA said an appeal was lodged by the application ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
ASX managing director and chief executive Helen Lofthouse will leave the bourse in May. Described as a planned departure, the exchange announced after the close yesterday that Lofthouse and the board agreed now was an appropriate time for a new chief ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... failed to have adequate cyber risk management systems in place for about four years to June 2023. As a result, between 19 May 2023 and 8 June 2023, a hacker was able to infiltrate FIIG's systems for about three weeks, stealing sensitive client information ...

Institutional investors' risk appetite trends down: State Street

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
... equities. Meantime, cross-border equity flows to Europe also held up, despite being weaker than the US, Japan and Oceania. "This may reflect continued concerns about weaker growth rates and regional earnings and margins. Positioning in the EUR remains ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... Chalmers said addressing persistent inflation will be a primary influence on the Federal Budget that will be handed down in May. "The Budget will be about productivity. We're working up a productivity package. There will be a savings package that we're ...

Macquarie sees 'substantially' higher profits

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... flagged global economic conditions, inflation and interest rates, significant volatility events and the geopolitical landscape may influence the short-term outlook. "We continue to maintain a cautious stance, with a conservative approach to capital ...

Global pension assets near $90tn: Research

MATTHEW WAI  |  TUESDAY, 10 FEB 2026
... trends and central bank actions will be key, particularly in the US, where strong capital spending and supportive fiscal policy may continue to support growth and keep yields relatively elevated." She added that adopting a total portfolio approach should ...