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Showing 531 - 540 of 9230 results for "Benefit"

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... superannuation fund in Australia and we invest $190 billion on behalf of our 1.2 million members. We want to share the benefit of our size and scale by passing fee reductions on to our members. In the first year alone, this cut will save our retired ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... apprentice earning $27,778 per year would reach their maximum LISTO entitlement early, long before they receive the full benefit. "Boosting the cap to $810 would ensure workers aren't penalised simply because super contributions are rising as intended," ...

Most investment managers see outflows - but who captured the most?

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
Over the past year, most investment managers recorded net outflows, however, a few defied that trend in a big way, netting over $1 billion, according to Rainmaker Information. Of the 160 managers in Rainmaker's database, 90 had net outflows, with a ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... Trading Capital (both deregistered). McCabe was sole director of both companies. He used the stolen funds for his own benefit for business and personal expenses. He entered a guilty plea in September 2024 to three offences of dishonestly obtaining a ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... investors. Australian Unity executive general manager - finance and commercial Jenny Saliba said PIF unitholders will benefit from access to a highly specialised team with deep experience and a proven track record in real estate investment. Saliba said ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
MA Financial has confirmed it is in talks to acquire IP Generation (IPG), a real estate asset manager with around $2 billion in assets under management (AUM). "MA Financial has a longstanding relationship with IPG, having provided property management ...

MLC Expand reduces fees

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... disclosed fees, representing a 25% reduction," MLC Expand chief executive Liz McCarthy said. These reductions will also benefit accounts in linked groups where balances are aggregated for fee purposes. McCarthy added the price reduction is a "perfect ...

CSC, Future Fund, RBA pay data released

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
The Workplace Gender Equality Agency (WGEA) published the gender pay gaps for 120 public sector employers and two corporate groups for the first time following legislative changes in 2023. The data includes details of the gender pay gaps for well-known ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... continues to operate business-as-usual and remains fully committed to compliance, innovation, and building products that benefit Australian consumers." This legal battle has been ongoing in the courts for more than a year. On 9 February 2024, the Federal ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... copped heat from Chalmers over his claims that the Division 296 tax changes won't impact politicians with specific defined benefit arrangements that pre-date 2004. Chalmers has maintained that politicians, no matter whether they're members of the Parliamentary ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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