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Showing 31 - 40 of 431 results for %22Total Cover Australia%22

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... who rely on regular withdrawals from their account-based pensions to cover living expenses face an effective tax if their total super balance exceeds $3 million at the end of a financial year. The tax burden increases when the pension is added back to ...

AustralianSuper to decrease premiums

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... death and TPD cover drop. About 97% of AustralianSuper's insured members will receive a premium reduction across death, total and permanent disability, and some income protection policies from May 27. The weekly cost of death cover will drop by an average ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
... measures the quality of customer interactions with organisations over a 12-month period. From January to December 2022, a total of 204 major Australian companies from seven sectors, including 16 super funds, were covered in the study. The results, comprising ...

Fixed interest ETP issuers hit the gas

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
... December 2022 the fixed interest (FI) sector grew by 16% to $16 billion on net flows of $3.4 billion. Their share of the total market increased from 10% to 12%, in comparison with the overall market which lost 3% of funds under management (FUM) over ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... growth was even stronger at 13.9%. The rise in Australian dividends was led by BHP the "world's largest payer" after it grew total payouts by 8% year-on-year. The increase was partly due to strong coal prices and occurred despite the full demerger of ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... the Australian equity market occupies ninth place globally, trailing after the US market which accounts for over 58.4% of total world equity market value today. In local currency real terms, Australia currently ranks as the second-best performing equity ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... independent firm of external consultants. As previously reported by Financial Standard, according to Equity Trustees, the total amount of fees and costs shown in members' annual statements were wrong. Crescent Wealth's disclosed indirect cost ...

Barings establishes APAC real estate debt operations

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... is an exciting and important step in the ongoing growth of our global real estate debt platform, which now has a combined total of more than US$ 30.6 billion of commitments and we are now actively lending in 14 countries," Barings head of Europe and ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... to pay down debt. The PEXA selldown was executed at $13.50 per share; settlement is expected to occur on November 23. The total leverage ratio (TLR) of Link (pre-PEXA selldown) and pro forma TLR of Link (post-PEXA selldown) calculated as of June 30 were ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
... Forum. Last week, ASIC took its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...