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Showing 431 - 440 of 9364 results for "Income"

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... financial year, according to the latest APRA figures. While revenue only rose 1% year on year to $5.9 billion, profit after income tax jumped by 210% to $116 million. Investment performance of $2.1 billion played a key role in driving profitability ...

AMP lifts advisers' efficiency game with Grow

MATTHEW WAI  |  MONDAY, 1 SEP 2025
... clients on the new investment menu can also access the MyNorth Lifetime solution, unique to North, which delivers retirement income for life at no additional cost. Commenting, AMP general manager of managed portfolios and investments David Hutchison ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... an undisclosed amount last September. APRA has marked a consecutive fail against Insignia's MLC Wholesale Horizon 2 Income Portfolio, which sits on the Expand Essential Super and Extra Super Menu and is already closed to new members. Insignia Financial ...

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... announced the sale of Australian Unity Investments Limited (AUIL), the responsible entity of the Australian Unity Property Income Fund (PIF), to Newmark Capital. Despite the positive results, Australian Unity said it faced challenges from regulatory ...

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... with 1525, followed by international equities with 1501, Australian equities with 912, international and Australian fixed income with 568 and 564 respectively, property with 536, cash with 314, and diversified with 87. In percentage terms this simplifies ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... account report. "If an SMSF fails to respond to the commutation authority within 60 days of the notice, the member's income stream ceases to be in retirement phase and the SMSF can't claim an earnings tax exemption for this income stream in that ...

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
... resulting from the onboarding of acquired businesses and a 20% rise in fund-related expenses. However, the underlying cost-to-income ratio improved from 73.7% in FY24 to 71.4%. Additionally, the organisation declared a fully franked final dividend of ...

Montgomery to distribute digital assets fund

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... to distribute the latter's fund to wholesale investors. DAFM is a Sydney-based investment boutique and runs the Digital Income Fund. The strategy offers two investment classes: the Digital Income Class, which is a market-neutral fund capturing volatility ...

NGS Super readies for admin transformation

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... transactions ahead of October 23 as they will not be able to transact on their account during the limited service period. All income and pension payments will be paid early, it added. Financial hardship payments, insurance claims and payments, and immediate ...

Revolution private credit trust to launch on ASX

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... Management is set to launch a private credit product on the ASX and is targeting a $400 million raise. Revolution Private Credit Income Trust, under ticker coder REV, will debut on September 22. Already, Revolution co-founder and chief investment officer ...