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| | | ... billion in funds under management during the quarter, according to the ABS. However, super fund members received good news this week when Rainmaker revealed MySuper options posted their second consecutive month of positive figures in May, as markets ... |
| | | | ... use of KBC shareholder funds on litigation particularly when alternative solutions are available," WAM said. Earlier this week, Keybridge Capital's managing director Nick Bolton alleged WAM improperly transferred approximately 16 million shares from ... |
| | | | ... Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last committee hearing, Wilson asked about ME Bank's ... |
| | | | ... affecting the performance of investor's portfolios. A new product disclosure statement became available to investors earlier this week, which outlines underlying issuer fees of 0.239% p.a. for members invested in the moderately aggressive portfolio. ... |
| | | | ... the opposition have been happy to blame one another for the Parliament's failure to pass the FASEA extension bill this week. Was the parliament's failure to pass the FASEA extension a cheap political stunt by the opposition, or the government's ... |
| | | | ... seems the economic pain driving early release is being felt in all corners. The Australian Bureau of Statistics revealed this week that employment fell by 594,300 people between March and April this year. A further 600,000 were left underemployed after ... |
| | | | ... comments come after the AFA fired off a press release yesterday calling on Labor to "support the passing" of the bill this week. In the release, the AFA said the financial advice community had been told there was bipartisan support for the exam extension ... |
| | | | ... CFS for certain pre-completion conduct, it said. The transaction is expected to complete in the first half of 2021. This week APRA reported the CFS FirstChoice Superannuation Trust paid out more than $180 million to 22,529 members as part of the early ... |
| | | | ... economics committee Tim Wilson called ISA's calculations "dubious" and said he will be looking for an explanation later this week. "Australians trust superannuation funds with significant savings, they hold a fair expectation that funds will provide ... |
| | | | ... the pain," Fechner said. "At times like this you may not end up with what looks like the highest yielding portfolio this week or this month, but it's better than a portfolio that may start with a higher yield, but then start falling and disappear shortly ... |
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