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Showing 31 - 40 of 202 results for "Lion"

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... pay $53.53 million in total, comprising $47.28 million in cost recovery levies and $6.25 million in statutory levies. The lion's share of $19.51 million is budgeted for enforcement activity, while supervision and surveillance have been allocated $6.5 ...

Vale Garry Wyatt

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... contributing to Insync's growth and success," the firm said. Wyatt worked for major corporations such as WMC Resources (BHP), Lion Nathan (Toohey's) and United Distillers (Guinness Plc) during his 47-year career. His experience includes financial ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... $293 million respectively. In November, the State Street Australian Equities Index Trust bled $712 million, comprising the lion's share of that month's redemptions. The Global Fixed Income Index Trust (-$168m) and the Floating Rate Fund (-$106m) also ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... are personal products. Retail funds accounted for 29% of the AAA products, meanwhile not-for-profit funds constituted the lion's share at 71%, including 85 products from industry funds, 22 from public sector, and nine from corporate funds. The latest ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Treasury analysis shows superannuation contributions in Australia, taxed at concessional rates, significantly favour those with high incomes, in its Tax Expenditures and Insights Statement. As per the Australian Taxation Office's (ATO) latest statistics ...

Blackstone appoints co-chief investment officers

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
The private equity giant promoted two of its senior executives to the newly created roles, while promoting one other to the position of global co-head of real estate. Blackstone said the appointments are reflective of the increasing breadth of investment ...

Local investors continue to flock to ETFs: VanEck

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... sustained investor interest, even amid market uncertainty. The survey also showed a strong preference for the vehicle, with the lion's share favouring them over other options such as actively managed funds and listed investment companies (LICs), which ...