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Showing 531 - 540 of 6955 results for "March"

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Financial Outcomes and Other Measures) Bill 2024, was introduced in the House of Representatives and read for a first time on March 27. The committee discussed 11 recommendations from the DBFO's predecessor, Michelle Levy's Quality of Advice ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... becoming serious contenders. New APRA statistics show that AustralianSuper had more than 3.4 million members at the end of March with $335.3 billion in savings. ART members of 2.4 million had $286.3 billion in assets while Aware Super's 1.2 million ...

Genium scores consultancy mandate

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... practice within the broader Peer Wealth business," said Ben Atkinson. Insight Investment Consultants rebranded to Genium in March as a full research and consulting firm. "While we provide a range of comprehensive investment consulting services, every ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... $300 million injection from Singaporean conglomerate Temasek, amassed $5.3 billion in net flows over the 12 months to 31 March 2024. According to Rainmaker Information, its net flows constituted 25% of its total funds under management (FUM) during the ...

Temasek invests $300m in Betashares

KARREN VERGARA  |  MONDAY, 17 JUN 2024
... owner. The Singapore's government's investment firm had US$287 billion in assets under management at the end of March 2023. Temasek reported a 5.07% return for the period, citing the challenging macro environment and detractors in the technology ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... risks was a satisfactory labour market, but he said there was some suspicion it might be more fragile than it appears after March quarter accounts affirmed activity growth was weak. "The board has in the past expressed concern that tepid activity growth ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... Street Australian Equities Index Trust and International Equities Index Trust were the biggest losers between April 2023 and March 2024 with net outflows of $734 million and $783 million respectively. For that period, SSGA lost a net $3.2 billion across ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... are working well together. "The project is currently expected to deliver to the plan announced in November last year." In March last year, ASIC informed ASX that it had commenced an investigation into oversight, statements, and disclosures regarding ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... review, ASIC looked at 10 trustees representing about eight million members and $923 billion in assets. Between April 2022 and March 2023, it found that 476,452 member accounts were charged $990.4 million in advice fees by 1803 licensees. It also found ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... Annual consumer price index inflation peaked at 7.8% in the December quarter of 2022 and has since declined to 3.6% as of the March quarter of 2024. The Reserve Bank of Australia expects this downward trend to continue, projecting inflation to fall into ...