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Showing 401 - 410 of 8407 results for "June"

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... protect consumers." APRA said super investments via platforms are seeing significant growth, rising 14.5% in the 12 months to June end. They currently represent about 13.1% of total super assets. The Financial Services Council (FSC) is currently developing ...

Aware Super, TelstraSuper advance merger plans

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... member support that you're used to. It's about building on what works and making it even better," he said. APRA's June statistics show that TelstraSuper had $27.5 billion in assets and 97,930 members. Aware Super had $198.6 billion in assets ...

Australian Food Super to transition to age-based premiums

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... replacing MetLife. In the previous financial year, the fund's MySuper Balanced option returned 7.37% in the 12 months to 30 June 2025, while its Growth and Secure (lowest risk strategy) options returned 8.68% and 3.85% respectively. Australian Food Super ...

AWAG to snap up 20% stake in First Mutual

RIDDHIMA TALWANI  |  TUESDAY, 7 OCT 2025
... acquisition will help the wealth manager to boost its adviser count to approximately 40. It hopes to grow the number to 80-100 by June 2026. First Mutual's strategic associations are deemed central in helping boost growth of adviser numbers and resources ...

ASIC approval puts Cboe, ASX on level playing field

MATTHEW WAI  |  TUESDAY, 7 OCT 2025
... representing nearly $2 billion in daily trades. This comes as the ASX is looking to fast-track the IPO process to boost listings in June, initiating a two-year trial for eligible entities, following a decline in the number of listings over recent years. ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
... have grown by gaining new members and receiving more money through rollovers". The fund with the worst natural cash flows to June 2025 end was Challenger Retirement Fund with -11.6% over one year and -11% over three. APRA also looked at the operational ...

Managed portfolios now the default: AMP

ANGELIQUE MINAS  |  THURSDAY, 2 OCT 2025
... data showing total managed portfolio assets under management (AUM) has increased by 25% in FY25, reaching $256.24 billion by June 30. Report findings show that two thirds of advisers now use managed accounts, despite only one-third of advised assets ...

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... quarter CPI report in late October. If this report reveals an easing in annual trimmed mean inflation from the 2.7% rate in the June quarter to say 2.6% or 2.5% - as I expect - the case for a rate cut will be very strong," he said. "Of course, an uptick ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... consumers and financial firms. The latest update provides data on complaints made within the period of 1 July 2024 to 30 June 2025. In the superannuation sector, the number of complaints compared to the previous financial year fell from 6288 to 5463. ...

Centuria Bass names new chief executive

RIDDHIMA TALWANI  |  TUESDAY, 30 SEP 2025
... business' strong growth" said Borten and Goh. Centuria Bass has grown its assets under management by 21% to $2.3 billion as of June 2025. Centuria Capital Group owns 80% of the business and is anticipated to escalate ownership to 100% by 2026. "Passing ...