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Showing 2951 - 2960 of 14212 results for "Interest"

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...

Maritime Super dumps ISA membership

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
Industry Super Australia has announced Maritime Super has ended its association with the industry lobby group. In a statement on its website the group said it was advised on Thursday of the super fund's decision to withdraw from the industry fund ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... FY20. Majority of the $65.6 million revenue (92%) was fee income from contracted clients. The remaining was split across interest income on custodial accounts (2% of the total) and other operating income (6%). "Mainstream remains well positioned to deliver ...

IMAP names award winners

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... won Licensee Managed Account and Multi Asset categories. Real Asset Management (RAM) won the award for Australian Fixed Interest for its diversified fixed income and credit strategy which is designed to provide clients with a reliable income stream. ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... informed about the underlying issues at Clime. It appears that the extraordinary general meeting was called not in the best interest of shareholders but for very personal reasons. It was embarrassing that the chair at the meeting, John Abernethy, refused ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... NPATA of $113 million for FY21, which included a $32.7 million contribution from PEXA. Link Group retained 42.8% equity interest in PEXA and received $180 million of cash proceeds from the IPO. "We have delivered a set of financial results in line with ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ...

Emmi appoints head of business development

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
... Energy Super and Melior Investment Management. "Since we launched in May, we've been overwhelmed by the level of market interest we've receiving from Australia and globally," Emmi founder Michael Lebbon said. "With the release of the IPCC report, we ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
ASIC has ordered Westpac to pay a $10.5 million fine after the High Court's decision that found two Westpac subsidiaries provided unlicensed personal financial advice. Westpac Securities and BT Funds Management were found to have breached their ...

Best fixed interest funds revealed

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... In a tough environment for managers, Rainmaker research reveals the best performing Australian and international fixed interest funds. Considering wholesale international fixed interest funds' returns on a three-year basis, Rainmaker found that First ...