Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 361 - 370 of 7952 results for "Total"

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... investors and put out misleading or deceptive marketing material out in the future, the judge said. The final orders bring the total period of injunctions against Mawhinney to 20 years. He has been subject to interim restraint orders since 13 August ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
A Supreme Court jury has found Perth businessman Chris Marco guilty of fraud following a five-week trial, after he swindled six investors out of $34 million. Marco's former executive assistant, Linda Marissen, was acquitted of all charges of fraud. ...

NZ Super delivers 11.84%

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... The New Zealand Superannuation Fund has delivered a pre-tax return of 11.84% after costs for the year ended 30 June 2025. Total fund size was up $8.4 billion from a year earlier, ending the 2025 financial year at $85.1 billion. Guardians of New Zealand ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... will be used to grow Block Earner in Australia and expand overseas. Block Earner raised $7 million in 2022, bringing the total amount to $15 million to date.

Investors want regulatory clarity on digital assets: Binance

MATTHEW WAI  |  THURSDAY, 4 SEP 2025
... year, noting that crypto has become "too big" to ignore. At the time of reporting, digital assets accounted for 0.05% of its total assets under management.

Equip Super rejigs insurance fees, policy terms

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... accumulation and defined benefit members. Equip Super accumulation and defined benefit members will see their premiums reduce for total and permanent disablement (TPD) cover. This excludes BOC and Rio Tinto plans. The cost of TPD cover will be lower ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... hold $490 billion in members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the average balances of MySuper, Choice accumulation and Choice transition to ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... for FY25; however, its separately managed accounts (SMA) business received net inflows of $610 million for the period. In total, Praemium's funds under administration increased 12% year on year to $64.3 billion.

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... grew 12% to $848.5 billion. Public sector funds made a 6% gain to end up with $584.8 billion. SMSF assets, coming from a total of 653,062 accounts, rose 5% year on year to $1.1 trillion. Corporate funds were the only ones that contracted in the year ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... fees were down 2.3bps to 0.248%. Platform TDPs fees were down to 0.468% while non-platform TDPs were at 0.244%. There is a total of 52 MySuper products, 374 non-platform TDPs and 137 platform TDPs under APRA's assessment. APRA also assessed externally ...