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| | | Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ... |
| | | | ... $46,057. This represents just 0.037% of FOR's total units on issue of 99,851,310. Unitholders must now approve the delisting via special resolution and will meet on May 13. Forager chief investment officer and co-founder Steve Johnson flagged the ... |
| | | | ... "For most low-income earners, if we're trying to support a minimum standard of living, it's really going to be done via the Age Pension, rent assistance and other supports," the Grattan Institute argued. The Coalition also criticised the Bill ... |
| | | | The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ... |
| | | | ... could spill over to Australia. "The key channels of transmission of financial stress in China to Australia would likely be via a slowing in global economic activity, lower global commodity prices and reduced Chinese demand for Australian goods and services," ... |
| | | | Following a brief reprieve, the number of class actions targeting the financial services sector escalated significantly in 2023. According to a report from Allens, the banking and financial services sector was the second biggest target for class actions ... |
| | | | ... Circularity Fund (Australia), a private equity offering, is being made available to wholesale and institutional investors via AFM Investment Partners. Equity Trustees will serve as responsible entity of the fund. The fund's objective is to reduce plastic ... |
| | | | ... Kochie, is taking on the role of brighter retirement ambassador, offering insights and guidance to the fund's members via an online resource center and webinars and in-person seminars. "As a member-owned fund, every action we take and decision we ... |
| | | | ... administering the scheme. According to the senator, small businesses should have the option to pay PPL either directly or via Services Australia. He said this will make things easier for small business owners and reduce any risk of disincentives to employment. ... |
| | | | ... millennials and the interwar generation all fell sharply year on year, raising the possibility some are now serviced by advisers or via other superannuation funds. Overall trading volumes among SMSFs were subdued over the year as investors opted for ... |
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