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Showing 481 - 490 of 2129 results for "Financial Year"

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... reducing fees, and the outcome was mainly due to some periods of underperformance, particularly in the 2014-15 financial year and in last year's turbulent global markets." "We continue to work in our members' best financial interests and by being ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... exposure to growth assets such as equities and unlisted assets," an AustralianSuper spokesperson said. "During the financial year ending 30 June 2022, we invested in several large infrastructure and property assets which incurred upfront costs such as ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... been announced, the FPA said it's not confident any changes can be made and implemented in time to impact this financial year. "Making financial advice more affordable for all Australians starts with making financial planning more affordable to practice," ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
... of serving our members," HESTA chief executive Debby Blakey said. "Mercy Super and HESTA rounded out the 2021-22 financial year delivering some of the industry's best long-term investment performance. Merging from such a position of strength means ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... under management now standing at $892 billion. In total, about $59 billion was contributed to SMSFs in the last financial year. In terms of asset classes typically held by SMSFs, ETFs have shown the highest growth with a 5% increase from June 2020. According ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... shareholders, commencing a $350 million share buyback this morning and committing to returning a further $750 million this financial year via capital return, special dividend or further buyback. Despite this, there will be no interim dividend. The wealth ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows that over the last financial year total returns across the board are in negative territory. However, cash returned 0.1%. Vanguard head of personal investor ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... counterparts at 48%. In addition, nearly half (49%) of Superhero investors said they are planning on using the new financial year to sort out their financial goals for the year ahead. Younger investors aged between 18-24 also view the end of financial ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... expert Alison Banney said prioritising super early is key to an early retirement. Banney said: "The start of the financial year often comes with a pay bump for many employees, which can be the trigger to start salary sacrificing their extra earnings." ...

Financial product registrations up 30%

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
APIR Systems reported a significant increase in the number of new financial product registrations in the financial year just gone. Product registrations rose 30.1% on the prior year, this also follows an increase of 25.8% in 2020/21. APIR chief executive ...