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Showing 541 - 550 of 2183 results for "Financial Year"

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows that over the last financial year total returns across the board are in negative territory. However, cash returned 0.1%. Vanguard head of personal investor ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... counterparts at 48%. In addition, nearly half (49%) of Superhero investors said they are planning on using the new financial year to sort out their financial goals for the year ahead. Younger investors aged between 18-24 also view the end of financial ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... expert Alison Banney said prioritising super early is key to an early retirement. Banney said: "The start of the financial year often comes with a pay bump for many employees, which can be the trigger to start salary sacrificing their extra earnings." ...

Financial product registrations up 30%

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
APIR Systems reported a significant increase in the number of new financial product registrations in the financial year just gone. Product registrations rose 30.1% on the prior year, this also follows an increase of 25.8% in 2020/21. APIR chief executive ...

PSP Investments names new chief

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
... will relocate to Montréal shortly. The appointment follows PSP Investments posting a 10.9% return for the 2022 financial year, also reporting a 12.7% increase in assets under management to C$230.5 billion.

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
... legislation, APRA would reserve the right to revoke a product's faith-based status if it feels that, for a particular financial year, the investment strategy does not accord with faith-based principles. It could also be revoked if the fund has not disclosed ...

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... Complaints Authority over the interpretation of product terms and conditions increased more than six-fold last financial year, while complaints about inappropriate advice more than halved. Latest data from AFCA shows it received 654 complaints about ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... now has $40.5 billion in funds under administration, up 10% on the same time last year. Additionally, Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows saw an approximate ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... by difficult industry conditions including market volatility and adviser regulatory requirements. Over the 2022 financial year, Netwealth's funds under administration (FUA) grew by $8.5 billion to $55.6 billion despite negative market movements of $4.5 ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... strategy upon merger. It said the strong flows were driven by super contributions. It saw record net flows for the financial year at $943 million. Excluding institutional, they were $1.14 billion, up 20% year on year. Super flows were up 22% for the ...