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Showing 401 - 410 of 2127 results for "Financial Year"

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... remuneration frameworks, design, governance, and outcomes. Super funds are now allowed six months from the end of the financial year to make remuneration disclosures from the time they lodge annual financial statements with ASIC. When the board decides ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... and profitability of Raiz." The fee changes took effect on August 1. Raiz's superannuation product ended the 2023 financial year with $225.1 million in assets under management, a 21% increase year on year. Last December, Raiz became a division of AMG ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... assets like global equities perform strongly, those members see a greater benefit as we've seen over the 2022/23 financial year." For the year ending 30 June 2023, GoalTracker users of all age groups experienced returns over 9.9%, attributed to access ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... that they do not have professional indemnity insurance (PII). Out of 5400 decisions AFCA delivered in the 2023 financial year, there were 40 instances of non-compliance. While this is not a high portion, more worrying is that the instances are prevalent ...

CFOs look to hire in second half: Survey

CHLOE WALKER  |  FRIDAY, 28 JUL 2023
... approvals, which have kickstarted the need for companies to strategically hire for new or vacated positions. "As the new financial year commences, attitudes around hiring decisions have been refreshed for the next six months and beyond," Gorton said. ...

New Vanguard regional ETF capital markets lead

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... business," Vanguard head of investments in Asia Pacific Duncan Burns said. The local ETF market finished the end of the financial year with $146 billion in assets, according to Vanguard estimates. Australian bond ETFs reported a sizable jump of 54% to ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... more pertinent than ever," she said. At last count, there were 15,708 authorised advisers at the end of the June financial year. The most in-demand software advisers want help with relate to retirement planning (32%) and cashflow modelling (31%). There ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... and funds under management to Australian Unity. The transaction is subject to regulatory approvals. In the 2022 financial year, IOOF Ltd made a $23.2 million loss thanks largely to a massive $128.5 million net fair value loss on its assets. It made a ...

Treasury to 'modernise' individual tax residency rules

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... a simple "bright line test" whereby a person who is physically present in Australia for 183 days or more in any financial year will be deemed an Australian tax resident. Those who may not be physically present in Australia for 183 days or more might ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth asset allocation, also returned 7.3% ...