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Showing 11 - 20 of 2208 results for "Financial Year"

Soul Patts records 'landmark' year after merger

MATTHEW WAI  |  THURSDAY, 24 SEP 2026
... in the 12 months to July 31, as the ASX-listed manager continues to anticipate strong performance in the current financial year. Group statutory net profit after tax (NPAT) was $2.2 billion, up 501.9% from the prior year, driven by operating NPAT of ...

Magellan shuts down Vinva global equity retail funds

KARREN VERGARA  |  MONDAY, 21 SEP 2026
... Barclays Global Investors global active equities investment lead Morry Waked. In the final quarter of the 2026 financial year, MFG reported outflows of $2 billion and $1.3 billion of retail mandates that were managed by MFG transitioned to Vinva. MFG's ...

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
... chief financial officer Lizzie Tan leaving the company, while stating that it will not pay any dividends in the financial year, revoking interim dividend it had announced earlier. Graeme Lay has been named the chief financial officer following Tan's ...

ART leads retirement product race, others wrestle with covenant

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2026
... income solution with TAL. Head of retirement at AustralianSuper Jackie Ellis said while the build commenced this financial year, she notes the scale of the distribution challenge. "As much as it's no simple thing to bring a whole new product to market ...

SMSFs lure $14bn from retail, industry super funds

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
... of 68.7 years. The proportion of Class SMSFs recording adviser fees remained broadly stable at 25.1% in the 2025 financial year, while the wider SMSF population continued to grow and the number of licensed financial advisers declined. Tim Steele, the ...

Diversa board backs chief executive pay rise, bonus amid First Guardian fallout

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
... in his leadership and suitability to lead the business. Peterson received a base salary of $825,000 in the 2025 financial year, an increase of $77,000 from the prior corresponding period, the recent Parliamentary Joint Committee on Corporations and Financial ...

Is demand for active ETPs genuine beyond outlier conversions?

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
... growing market. Rainmaker estimates the ETP market surpassed $318 billion at the end of June. At the end of the 2026 financial year, market-cap index products accounted for the majority of total FUM at 83%. Smart-beta products represented 11%, while ...

ASFA welcomes Rest executive to C-suite role

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
... service providers manage regulatory transformations from policymaking through to practical implementation. From this financial year, all funds benefit from AIP's services as part of their ASFA membership. O'Brien is currently the head of regulatory policy ...

CEDA warns migration cuts will have economic spillover

RIDDHIMA TALWANI  |  WEDNESDAY, 2 SEP 2026
... housing, wages and infrastructure. Latest Australian Bureau of Statistics data highlighted that in the 2022-23 financial year 6.9 million jobs were held by migrants. CEDA highlighted around one in five construction workers are migrants; over one in three ...

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings ...