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Showing 3361 - 3370 of 22782 results for "Funds"

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... equitable and sustainable way." The proposed objective garnered mostly positive reactions from industry bodies and industry funds. At the ASFA conference last week, Taylor expressed that Coalition also supports the idea of establishing an objective for ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... the whitepaper said. Nevertheless, Optimum Pensions managing director David Orford told Financial Standard that many super funds are considering uninsured products. Trustees of self-insured super funds must be aware of the risks associated with ignoring ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... long to bounce back, how they're used has changed. According to insights from Rainmaker Information, the self-managed super funds (SMSF) sector grew its funds under management (FUM) by 5.8% per annum over the last five years. However, this was slower ...

Stafford Capital Partners launches sustainable timber impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023
... Whiteley said. "There will be about 20% of the fund which will be buying into improved forestry management - that is, existing funds that we will look to improve the volume of standing of timbers there, which will deliver carbon credits, but as part ...

HUB24 tops platform rankings

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... initiatives by many platforms. "This has translated into a material step up in the range of annuities, capital-protected funds, and longevity protection funds added to the investment menu, as well as the development of new retirement calculators and ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... strategic decisions pay off with increased profitability and enhanced shareholder returns. "This result, derived from strong net funds flow, margin expansion and discipline on costs, has delivered a step change improvement in operating leverage," he ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... Corporations Act to allow for all financial product advice to be considered personal financial advice. This includes enabling super funds to provide personal advice to members and be subject to the proposed Good Advice Duty. However, many fear that superannuation ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... them such advice. This included advising clients to rollover their existing superannuation into self-managed superannuation funds. ASIC also found that Childs failed to follow through with an Australian Financial Complaints Authority determination following ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... board has elected to reserve capital in the first half of FY2023 and not pay a first half dividend." Clime further reported funds under management (FUM) and advice increased by 8% to $5.5 billion since 30 June 2022 and funds under advice (FUA) grew by ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... Centrepoint Alliance recorded a $2.8 million increase in profit before tax, largely driven by the completed sale of the Ventura Funds business. Total profit before tax came in at $3.7 million. Gross revenues were also up, increasing by $38.8 million ...