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Showing 281 - 290 of 3417 results for "Update"

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
The market regulator provided an update on its investigation into ANZ's role as joint lead manager and risk manager of the issuance of 10-year Australian government Treasury Bonds last year. The investigation, commenced April last year, is currently ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
Future Fund provided a portfolio update to September 2024, showing a strong result for the past 12 months. Future Fund's return was 11.9% for the 12 months to September 2024. Annual investment returns lifted the value of the sovereign wealth fund by ...

Charter Hall, Hostplus bid price for HPI reduces

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... strength and outlook for the business." The board urged shareholders to reject the offer and instead will provide them an update at the November 13 annual general meeting on the portfolio, adding that the existing assets and their current strategy, including ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Qantas Super announced changes to its Cash option, updated its exclusions criteria, and lowered investment fees for members. The Cash option's objective is to achieve a return after tax and investment fees equal to the Bloomberg AusBond Bank Bill ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... lead to breaches of the design and distribution obligations," ASIC said. The review found about half of licensees did not update risk management policies when they introduced AI capabilities. However, of those that had updated their policies, it was ...

VFMC investment team takes shape

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
Victoria Funds Management Corporation's investment chief has completed the final step in revamping his investment team to build a more efficient delegation structure. Russell Clarke has streamlined his direct reports to four - head of portfolio ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
AMP has given a positive Q3 market update with its platforms business seeing $750 million in net cashflows, up 76%. In addition, MyNorth inflows from independent financial advisers were up 47% for the quarter to $832 million. This has brought platform ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... changes like shifting super funds or increasing monthly savings so they grow their wealth quickly. Then when we build and update their full financial plans, we show side-by-side the upside if they follow our advice versus if they continue the trajectory ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... funds under management (FUM) also rose an impressive 26.4% from this time last year to $22.5 billion. In its quarterly update, Netwealth also announced that after an extensive search it has appointed a new chief financial officer after Grant Boyle announced ...