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Showing 521 - 530 of 8106 results for "Total"

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... hold $490 billion in members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the average balances of MySuper, Choice accumulation and Choice transition to ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... for FY25; however, its separately managed accounts (SMA) business received net inflows of $610 million for the period. In total, Praemium's funds under administration increased 12% year on year to $64.3 billion.

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... grew 12% to $848.5 billion. Public sector funds made a 6% gain to end up with $584.8 billion. SMSF assets, coming from a total of 653,062 accounts, rose 5% year on year to $1.1 trillion. Corporate funds were the only ones that contracted in the year ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... fees were down 2.3bps to 0.248%. Platform TDPs fees were down to 0.468% while non-platform TDPs were at 0.244%. There is a total of 52 MySuper products, 374 non-platform TDPs and 137 platform TDPs under APRA's assessment. APRA also assessed externally ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... ETFs and listed fund services had $303.3 million while the funds management and investment advisory unit had $291 million. Total FUM grew 14% year over year while revenues of $6.2 million increased by 17%. The group made a net profit after tax of $344,687 ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... $10.6 million. The company declared a fully franked dividend of 1.75 cents per share, to be paid on October 2, bringing total FY25 dividends to 3.0 cents per share. Managed accounts funds under management grew to $423 million, a 40% increase from FY24 ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was driven by Spectrum's net inflows of $848 million. OneVue net outflows were $322 million. ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... services division recording the largest jump. Statistics from the Australian Custodial Services Association (ACSA) show total assets under custody held on behalf of Australian investors grew 2.9% to $5.6 trillion. This was largely on the back of positive ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total income came in at $324.4 million, an increase of 27.1%. Its platform revenue increased by 26.8% to $316.4 million, and on average ...