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Showing 611 - 620 of 8223 results for "June"

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... continues to comprise a large chunk of Australian Financial Complaints Authority (AFCA) life insurance complaints. Between June and December 2023, some 247 individuals complained about group insurance-specific issues, comprising 37.4% of complaints for ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... the bill. The federal government will only fund the period between 4 April 2024, when the CSLR officially launched, and 30 June 2024. In June, a CSLR spokesperson confirmed to Financial Standard that the scheme was processing 13 claims related to former ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... obligations in section 675 of the Act," Magellan said. MGF has persistently traded below its net asset value (NAV). At the end of June, it reported a NAV of $2.27 per unit. MGF aims to achieve 9% per annum net of fees. Its top holdings include Amazon ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 million - came from a series of strategies comprising the Platinum Trust Funds. Net outflows ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... labour market has alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from the previous year, falling short of the expected 3.1%. Core ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... technical service for its advice network, received over 6800 calls and email queries from financial advisers in the six months to June 30. Of these, over 880 were email queries received from advisers, up by 40% on the same period last year. The report ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... introduced several changes to two products that are available through financial advisers. The changes that took effect on June 30 impact policyholders in MetLife Protect and MetLife Protect Super. MetLife Protect insures against death, trauma, disability ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
State Street Global Markets has released the results of the State Street Institutional Investor Indicators for June, showing risk appetite fell 0.09 in June, revealing a modest risk off bias across the month. State Street Global Markets head of macro ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... challenges of investing in this emerging asset class for individual and institutional investors," according to the PDS. In a June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% to members for the 12 months to June end. Meantime, the return for its Global Index investment option, launched in September 2017, came in at 16.99%. Spaceship ...