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Showing 11 - 20 of 2122 results for "Financial Year"

ART overhauls death and TPD insurance fees

RIDDHIMA TALWANI  |  FRIDAY, 15 MAY 2026
... have in the fund," ART said. The $370 billion super fund will also change its TPD Assist benefits starting the new financial year. If a member's 'date of disablement' is on or after July 1, the number of payments will be brought down from six to four ...

TCorp awards $1bn mandate to UK insurer

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2026
... forecast return to surplus in FY28, rising to $1.3 billion. The data revealed that the forecasted deficit for the FY26 financial year edged slightly above $3 billion, with the deficit improving to just over $1 billion in FY27. Along with a bigger surplus ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... he said. Furthermore, Briggs pointed to Australia's economic growth being downgraded to 1.75% in the coming financial year. However, the Treasurer has elected to increase taxes on investments in productive areas of the economy, he said, which discourages ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes. It comes as the government is providing $17.8 million over four years from ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... the past 20 years. The Australian Taxation Office estimates there were 1.02 million registered trusts in the 2023 financial year that made total business income of $489 billion. While there are legitimate reasons to use trusts, such as succession planning ...

legalsuper announces C-suite changes

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
... across the retirement saving sector. The fund said its MySuper Balanced option returned 12.56% for the 2024 to 2025 financial year, placing it among the strongest performing offerings in SuperRatings' annual rankings.

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... the CSLR will reach the annual cap of $250 million, along with the calculated levy ($126.9 million) for the next financial year. Although he welcomed the government's announcement to invite all sub-sectors to share the responsibility of the scheme, Anderson ...

Perpetual to overhaul J O Hambro

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... "heritage strength is critical to our growth in global asset management." Perpetual is giving JOHCM until the 2030 financial year to lift assets under management (AUM) to between $55 billion and $60 billion. JOHCM ended March with nearly $31 billion ...

Future Fund gains nearly $2bn in March quarter despite market volatility

MATTHEW WAI  |  TUESDAY, 5 MAY 2026
... recent review of its staffing levels and expenditure, in an aim to cut costs by $10 to $15 million in the next financial year. The fund saw three members of the investment team depart in March, and is assessing the viability of up to 10 roles across ...

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2026
... Guide 97: Disclosing fees and costs in PDSs and periodic statements, which it is bringing forward from 2029 to next financial year. In a further change, ASIC issued a new class order relief for superannuation trustees, aligning portfolio holdings disclosure ...