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Showing 6261 - 6270 of 22796 results for "Funds"

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... retirement. "Those nearing retirement have been particularly hurt by the downturn," Rady said. "These investors tend to have more funds allocated to shares, so have higher susceptibility to market crashes. "Typically, they are still working and need ...

Another billion removed from super

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
Australian super funds continue to make payments to members under the government's Early Release of Super scheme, with the total amount paid now at $15.9 billion. In the week to June 14, funds reported a further $1.3 billion was paid to members ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... paying additional tax if they exceed the concessional or non-concessional contributions cap, and may be taxed up to 15% by funds. "You should ensure that you comply with the eligibility rules to access your super early and your broader obligations under ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
... noted there had been various signs of disruption over recent years, including Vanguard switching benchmarks on 22 index funds and ETFs in 2012, asset managers opting to self-index, and Morningstar launching the open indexes project. "The benefits of ...

Best Australian equities funds, with risk considered

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... risk factors are considered, according to Rainmaker Information. The Rainmaker RMetrics Report divided Australian equities funds into three categories: active core (tracking error of 1 to 5% per annum), high performance (tracking error of 5% plus), small ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... from their superannuation savings under the Federal Government's early release scheme - the sixth highest among all funds by amount. Just over half of these were aged 24 to 39 years. After the withdrawals, HESTA members in the age 18-24 were left ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

IFM adds to leadership

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... back at the claims of a conflict of interest within its business and the demand for an APRA investigation into industry funds by Standing Economics Committee chair Tim Wilson. In a letter to Wilson, IFM Investors chair Greg Combet asked for a wider investigation ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... Corporations Act by providing paying agency services to binary options trading company One Tech Media, allowing the firm to collect funds from Australian customers using two trading websites. Ida and Senese also failed to issue necessary product disclosure ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... reached a three-month low of 5.90% on Monday, June 8, down from double-digit figures in early March," it said. S&P said retail funds investing in US high-yield bonds posted an inflow of US$5.1 billion during the week ended June 10, marking the 11th consecutive ...