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| | | ... we believe to be the next frontier of private credit globally." Further, a management fee will not be incurred if investing via the MA Credit Income Fund. A 0.9% management fee will, however, be charged for any directly held investments. MA Financial ... |
| | | | ... introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained via Freedom of Information requests, the FAAA said it appears an Impact Analysis of the scheme was likely not undertaken ... |
| | | | ... will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing in Splend, which provides the vehicles to rideshare drivers ... |
| | | | ... net inflows - accounting for nearly 80% of industry flows. Passive exposures again led the way for flows last year, mostly via market cap index tracking ETFs, which received 81% of total flows. Smart beta products accounted for around 21% of flows, meanwhile ... |
| | | | ... $21 billion for 1.2 million members since its inception in 2006 to $355 billion for 3.4 million members today - primarily via organic growth. Although AustralianSuper has merged with IBM Super, AGEST, Club Super, and LUCRF Super, these were "relatively ... |
| | | | ... in one of the country's biggest Ponzi schemes. David Sipina was handed down three years' imprisonment to be served via an intensive correction order after pleading guilty to two charges. In March, Sipina pled guilty to carrying on an unlicensed ... |
| | | | ... of all members." In 2023, MYOB was called out by Super Consumers Australia for allegedly funnelling people into Slate Super via its FlareHR subsidiary, apparently featuring Slate Super prominently on its onboarding platform when new employees are asked ... |
| | | | ... investments, access holdings data, upload documents, or make withdrawal requests. Further, prospective members were not able to join via the website, and the fund's app was also unavailable. In December, at the Annual Member Meeting, chief executive ... |
| | | | NESS Super will start delivering fully personalised digital financial advice via a partnership with Otivo. NESS Super, whose members are predominantly employed in the electro-technology sectors, has partnered with digital advice platform Otivo to introduce ... |
| | | | ... Estate division (MAM RE) has invested in IDA - an Australian specialist real estate private credit and investment manager - via its Macquarie Real Estate Partners (MREP) fund. Under the deal, IDA founding partners Adam Kaye, Robbie Fallon and Jeremy ... |
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