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Showing 531 - 540 of 8222 results for "June"

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... to conduct a financial services business in Australia. The newest version replaces the last guidance which was issued in June 2013. ASIC said RG 121 has been reissued to remove references to expired or repealed AFS licensing relief, including class relief ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... and amounts owed to former temporary residents. Again, the bulk, by both account number and value, belongs to men. As at June 30, some four million individuals had two or more superannuation accounts; 17% have two accounts, 4% have three accounts, and ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 0.81%. According to Rainmaker Information, the average total investment fees for a retail MySuper product was 0.60% as at June 2023.

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... no further disputes, the payments will be made. Macdonald expects that the entire process will finalise either in March or June of next year. Some 475 group members took part in the class action. Ninety-two or 20% of the participants opposed the approval ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... occasionally we get burnt," Ayoub said. "We got that one wrong, but the journey isn't quite over." WAM took the stake in Star around June last year when the share price was above $1 per share. The share price as of writing is $0.45 per share. Despite ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... worse off" guarantee for those already in aged care, with arrangements for those who enter or are already in care before 30 June 2025 to remain in place. At the heart of the bill is a plan to have wealthier Australians pay more for aged care to help ...

Robeco appoints APAC sales lead

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... efforts in the region and work to enhance its brand presence. The role was previously held by Graham Elliot, who departed in June to take up a leadership role with Mercer. Hanson stepped down as managing director of Fidelity's Australian business ...

Managers struggle to secure positive net flows in FY24

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... research house's managed funds database, only 62 saw net inflows, while 96 experienced net outflows over the 12 months to June 30. BlackRock emerged as the biggest winner, pulling in the highest net flows of $7.7 billion. Close behind, BetaShares attracted ...

Lazard AM brings Japanese equities fund to Australia

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
... stocks. The number varies depending on the company's market cap, which currently sits at a minimum of US$500 million. Led by June-Yon Kim, portfolio manager from the Tokyo-based Japanese equity team, the strategy has been in operation since 2006. By ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... promoted to the top job. abrdn made Jason Windsor its permanent chief executive after he took the post in an acting capacity in June from Stephen Bird. Windsor joined abrdn in October 2023 as group chief financial officer. Before that, he spent 12 years ...