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Showing 241 - 250 of 3926 results for "November"

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... throughout 2025 so far, ASIC has made several appeals to superannuation trustees to rectify poor claims handling practices. In November 2024, ASIC wrote to super trustees warning them to ensure their claims handling processes were up to scratch, noting ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... there is a "growth opportunity" for advice in the growing SMSFs landscape, which surpassed $1 trillion in total assets in November 2024, equating to more than 25% of the $4.08 trillion super industry. "We undertook an analysis of data from Class SMSFs ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... expecting three more cuts this year. "Our base case is for the RBA to deliver further 25bp rate cuts in May, August and November for an end year cash rate of 3.35%. The near-term risk sits with another rate reduction in April if the labour market data ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... later, HMC took over Stratcap for $26.9 million, a digital infrastructure funds management business in North America. Last November, HMC Capital acquired iseek, an Australian co-location data centre operating platform, for $400 million. This, along with ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... billion. This growth is due in part to being selected by the $6 billion Fiji National Provident Fund for custody services in November 2024. Rounding out those with double-digit gains, Clearstream grew its assets by 10.2% to total $119 billion. Outside ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... as the Reserve Bank of Australia (RBA) continues its effort to tame inflation by holding off the interest rate since November 2023. While he doesn't necessarily agree that it should, Tagg believes a rate cut will take place today. Meanwhile, geopolitical ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... plummet by close to 50%. The report found there were "governance and cultural concerns" plaguing the casino operator. In November 2024 the Queensland government launched its own inquiry examining potential criminal links at the casino. Late last year ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
The Reserve Bank of Australia (RBA) is expected to deliver its first interest rate cut since November 2020 when the board meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... difficult times. Our people, our stakeholders and our shareholders should be the beneficiaries of this positioning." Last November, former NAB Asset Servicing executive Jonathan Green took on the role of general manager, superannuation at Fiducian to ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... BGL Corporate Solutions, Class, and SuperMate. The research also comes as SMSFs surpassed the $1 trillion milestone in November last year, where Burgess said SMSFs offers more control and flexibility that encourage more engagement. "This extra flexibility ...