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Showing 281 - 290 of 2127 results for "Financial Year"

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... have benefitted from bringing forward deductions such as by making personal deductible contributions by the end of financial year for greater tax effectiveness." Perri added that as the retirement system beings to reach maturity it is paramount that ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... exceptional value to our customers," it said. Its managed funds, the Voyager series, also achieved strong returns for the financial year. The Spaceship Universe Portfolio returned 26.27% for FY24, while the Spaceship Earth Portfolio returned 20.89% ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... Compensation Scheme of Last Resort (CSLR), which imposes another levy on the sector of $18.5 million for the 2025 financial year. Only 26% of advisers think the QAR reforms will benefit their business models, while a similar number believe the changes ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... Activity Report for June 2024 highlighted a significant trend of ASX delistings outpacing new market entries last financial year. The report suggested investors were increasingly pivoting towards private markets in search of portfolio diversification ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
Future Group's flagship super offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are proof ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Cbus has reported an 8.35% return for its growth MySuper investment option for the last financial year. The $94 billion industry fund said that the option has averaged an annual return of 7.73% over the past 10 years. It has achieved an average annual ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... comes as Sequoia slashes its workforce by 10% and halves its divisional structure from four to two for the 2025 financial year. The new reporting units are licensee and adviser services, and legal and administration services. Licensee and adviser services ...

AustralianSuper reports 'solid return', lags rivals

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... default balanced investment option, where over 90% of its members are invested, reported an 8.46% return for the last financial year. That option has an average annual return of 8.72% over 15 years. Meanwhile, the $335 billion super fund's high growth ...