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Showing 3591 - 3600 of 22782 results for "Funds"

CareSuper flags merger with Spirit Super

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
... proposed deal, CareSuper and Spirit Super would combine to create a fund with over 500,000 members, and over $45 billion in funds under management (FUM). In a joint statement, CareSuper chair Linda Scott and chair of Spirit Super Naomi Edwards said ...

Consultation opens on NHIF remit expansion

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
... Investment Corporation (NHFIC), to attract more private capital into the social and affordable housing sector, including super funds and other institutional investors. The National Housing Finance and Investment Corporation Investment Mandate Amendment ...

Former Courtenay House director pleads guilty

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... year, liquidators were appointed by the Supreme Court of NSW to wind both up. The regulator found investors believed their funds would be traded in forex and futures markets, but this was only accurate for 3%. Instead, monthly amounts paid to investors ...

HESTA to commit $100m to green hydrogen

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2022
... decarbonising natural gas networks, and up to 100% green hydrogen use in industrial applications." HESTA has about $68 billion in funds under management.

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
Self-managed super funds are no longer Australia's premier superannuation segment, with growth slowing significantly since the introduction of the transfer balance cap. As at March end, SMSFs held $894 billion on behalf of 1.1 million members through ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Concessional tax arrangements for high balance super funds will be reviewed by the government. Assistant treasurer and minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation ...

GSFM strengthens distribution capabilities

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... extensive network that will serve him well in this new role," GSFM chief executive Damien McIntyre said. "As demand for GSFM's funds continues to grow, Michael is a welcome addition to the team." Fletcher also commented, noting Angwin's many years of ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... the retirement planning landscape. Lifetime income products use pooling to share the longevity risk and as a result, less funds are needed to ensure the security of each person's retirement income until their end of days," the report said. "This ...

Aware Real Estate welcomes finance lead

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
... from ISPT where she was general manager of investor solutions, market strategy and engagement overseeing $20 billion in funds under management.

Hamish Douglass sells $118m in Magellan shares

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... led by Nikki and Arvid. Consistent with my confidence in the team I have not sold any of our investments in any Magellan funds," he commented. Following the news, Magellan shares slid 5% from $9.61 market close yesterday to $9.31 market open this morning ...