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Showing 421 - 430 of 2042 results for "EIT"

New investment model for affordable housing proposed

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
Super funds may be able to access an income stream from the federal government for investments in affordable housing under a new scheme, the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference has heard. Appearing at the conference ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Superannuation funds that dismiss crypto assets are at risk of underperforming, the AIST ASI Conference has heard. This is according to Genesis Block managing director Chloe White, who spoke at an Australian Institute of Superannuation Trustees 2021 ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
APRA general manager superannuation Katrina Ellis says the regulator is open to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
The proportion of money managed using responsible investment techniques increased from 30 to 40%, faster than the increase of professionally managed funds in 2020, according to the Responsible Investment Association Australia (RIAA). RIAA has released ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
On the opening day of its annual ASI Conference, and in light of the APRA performance test results, the Australian Institute of Superannuation Trustees' Eva Scheerlinck has expressed concern about the number of Australians that remain unaware their ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
The platform recorded net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year. In its full-year results, Netwealth posted a 23.9% increase in net profit to $54.1 million. ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
Online trading platform Saxo Markets Australia has lowered its trading costs by as much as 60%. Investors trading ASX shares and ETFs will now pay $5 in brokerage fees, down from $6.99. The $5 minimum amount is charged based on the total trade amount ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
Westpac tops the charts for fee-for-no-service misconduct at $578.4 million, according to the corporate regulator. More than 71,400 Westpac customers have been affected by its failings to provide ongoing financial advice services that was promised. ...

ID_Land expands into funds management

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
Property developer ID_Land announced it is getting into private funds management, targeting Australia's high-net-worths. The company has launched Title Capital, a capital raising and funds management arm that will offer direct investment opportunities ...