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Showing 491 - 500 of 6949 results for "March"

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... fire last year. Ninety-six out of 97 TDPs failed the inaugural choice performance test. Treasury launched a consultation in March asking stakeholders to propose options on how it can improve the test to "hold trustees to account for delivering the best ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... 3.9% growth recorded this time last year. Public sector employees on the other hand saw their pay rise from 0.6% in the March quarter to 0.9% in June, marking the highest uptick in 12 years. ABS head of prices statistics Michelle Marquardt said: "The ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
... strong and healthy position with positive net member growth, high member advocacy and a growing retirement segment." As at March end, about 14,000 of the fund's 93,000 members are invested in its retirement products. It also has a further 1800 or ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... Prudential and Citibank. Insight Investment had about $42 billion in assets it manages for Australian investors at the end of March. It has $1.3 trillion it manages for global clients in total. Clements said: "Bruce's leadership over almost a decade ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The ASX had its worst day since March 2020 yesterday, wiping $102 billion as investors got the jitters over a potential US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... lifecycle investment option, GoalTracker, posted returns ranging from 9.2% to 12.3% last financial year. Since its inception in March 2020, GoalTracker has delivered average annual returns of 8.3%-11.3%. Russell Investments head of Australia and New ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... election, Howarth said, in one of his first major public addresses since being reshuffled by opposition leader Peter Dutton in March, his goal is to implement the necessary reforms quickly as "time is of the essence". "The work's been done. We understand ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... guilty to the fraud charges relating to misappropriating investor money in the TradeStation Futures Trading Fund between March 2013 and April 2014. Munro took nearly $300,000 from three investors and used it to pay for personal expenses, make cash withdrawals ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price statistics Michelle Marquardt said. "The annual rise of 3.8% for the June quarter is up from ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... of local SAF production, flagging that amount could grow over time. IFM had $222 billion under management at the end of March. Ampol managing director and chief executive Matt Halliday said: "This foundational agreement is a significant step in establishing ...