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Showing 591 - 600 of 2185 results for "Financial Year"

Retail super fund to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 11 JAN 2022
... 1200 members while the fund's 2021 annual report shows it had just $88 million in funds under management. Last financial year the fund received just over $8 million in inflows. This was comprised of $2.4 million in employer contributions, $1 million ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... 2020 and fee changes in September 2019. The fund's investment returns have also varied widely since 2015. Last financial year its MySuper option achieved 16.82%, the previous year it saw -0.28%, and in 2018/19 it achieved 8.76%. According to Rainmaker ...

Charter Hall acquires 50% of Paradice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... expected to be completed by December 31. Charter Hall will have the option to acquire the other 50% of Paradice in financial year 2025, subject to conditions which the company has kept confidential. The privately owned Paradice was established in 1999 ...

Plato readies new ESG strategies

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... proportion of those invested in Plato's Australian Shares Income Fund and Plato Income Maximiser LIC. In a financial year assessment compiled by Rainmaker Information, the Plato Australian Shares Income Fund had the second best performance in the ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... costs and taxes) for the last eight financial years versus a benchmark, and the administration fees for the last financial year versus a benchmark. If the fund slips below 0.5% when these two numbers are added, it fails the test. Of those that did fail ...

Crestone to be acquired by LGT Group

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Crestone Wealth Management is set to be acquired by one of the world's largest privately owned wealth managers, LGT Group. Under the agreement, LGT Group will acquire 100% of Crestone for $475 million. "The proposed transaction would enable Crestone ...

Cbus strengthens in-house investment team

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... has provided a cumulative benefit to members of $410 million over the last four years," Fok said. "In the last financial year (FY21) we saved members $170 million in investment costs and our investment fees are now sitting at 51 basis points, a 9.2% ...

HUB24, Class alter acquisition terms

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... shareholders who receive HUB24 shares - that is one HUB24 share for 11 Class shares - will now be eligible for any HUB24 financial year 2022 interim dividend and associated franking credits. As a result, Class agreed not to declare any dividend, including ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... firms that received such a payment must report the total amount and number of employees the benefit went to each financial year. ASIC updates the report at the beginning of each month. The report published yesterday captures JobKeeper information disclosed ...

Mine Super appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... transformation," Kelly said. "These efforts see us placed as one of Australia's top performing funds over the last financial year. Our succession planning has been robust and we are very pleased to have such a committed, dynamic and capable leader within ...