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Showing 321 - 330 of 9399 results for "Level"

Legalsuper celebrates double digit returns

JAMIE WILLIAMSON  |  FRIDAY, 27 JUN 2025
Legalsuper expects to close out the financial year with a return of more than 11% for its MySuper product. The super fund predicts FY25 will see a return of at least 11% for its MySuper Balanced option, while the High Growth option should return about ...

Brookfield to divest retirement living platform for $3.85bn

MATTHEW WAI  |  FRIDAY, 27 JUN 2025
Brookfield Asset Management is selling its local retirement home operator Aveo to The Living Company for $3.85 billion. Brookfield acquired Aveo in 2019 for about $1.3 billion. Aveo owns more than 10,000 units in metropolitan suburbs across the eastern ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... The new data increases transparency regarding investment returns, fees and costs and investment strategies at a product level." A large portion of Choice retirement products are invested in multi-manager strategies worth $289.6 billion. Some $115.7 billion ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
Australian Ethical has made changes to its insurance offering to provide Standard Default Cover members with a higher level of coverage at all ages, while also reducing fees for most age groups, while other age groups will see costs unchanged. From ...

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
... 24%. Asked about the balance of regulatory burden and benefit, 33% said there is too little benefit to the industry for the level of burden. Super trustees rated the balance at 71%, while life insurers put it at just 63%. More positively, 93% of respondents ...

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
Managed funds domiciled in Australia received $8.6 billion in inflows from January to May this year, over 20 times the level recorded over the same period last year, according to global funds network Calastone. Calastone said local investors appeared ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... and then you've set up the policy for the long term. Then we don't have to have a recurring debate about what the right level is."

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... legal classification of the SMSF as set out in the law in making a determination on a complaint. "That is not to say the level of sophistication of an investor is ignored in our process, should the complaint be accepted. AFCA does consider the complainant's ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... average, will see a decrease in premiums. There will also be changes around the definition of terminal illness and the maximum level of cover a member can have. ART said to better align the scheme with the Superannuation Industry (Supervision) Regulation ...