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Showing 511 - 520 of 12163 results for "May"

First Super reduces admin fees

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... Retirement Income account members will be better off due to these changes, though a small number with balances under $39,000 may experience a slight overall increase in fees," First Super noted. Finally, the fund is also introducing a one-off processing ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
... by the special levy? Why?" Mulino is also asking for suggestions on options outside the current legislative framework that may be a more effective way of dealing with excess cost estimates in future. "Timely responses to this consultation paper will ...

Return to office mandates to harm firms, careers

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
... says some employers are acutely aware of - and okay with. "... there are some consequences of [mandates] that organisations may anticipate. Rather than being an unintended outcome, attrition can sometimes align with business objectives. When companies ...

Aware Super, TelstraSuper explore merger

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... independently with no disruption to members or employers. This comes after TelstraSuper and Equip Super saw merger plans axed in May, with TelstraSuper saying it was unlikely to achieve its objectives. TelstraSuper decided to terminate the Heads of Agreement ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... Vice President Al Gore's Generation Investment Management and Temasek are some of the major investors in FNZ. "Between May 2024 and April 2025, the board undertook three equity raises totalling US$1.5 billion through the issuance of preference shares ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... exploited by super-switching business models. "You should have processes in place that allow you to identify practices that may result in the erosion of super balances, including from inappropriate advice fee charges," he said. "You can't pass the ...

Bennelong boutique shuts up shop

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUL 2025
... has closed its doors. As first reported by Financial Standard, the boutique wound up the Touchstone Index Unaware Fund in May. This was largely due to the low funds under management of about $14 million. At the time, Touchstone said it would continue ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... of the regulatory concern lies a fundamental problem: unlike ASX-listed shares, which reprice by the second, private assets may only be revalued quarterly, semi-annually, or even annually. This creates "valuation lag"-a gap between what an asset is worth ...

Former CBA chief economist joins UniSuper

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
... board and chair of Australian Business Economists. Halmarick spent 15 years with CBA, taking on the role of chief economist in May 2020. During his tenure, Halmarick pioneered the use of CBA's own data to extract key insights into the Australian ...

Regal assets hit $18bn

KARREN VERGARA  |  MONDAY, 28 JUL 2025
Regal Partners' total assets under management (AUM) reached $17.7 billion in the last quarter. This marks a 7% increase on the $16.5 billion of AUM reported at the end of March, driven by inflows and positive investment performance across different ...