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Showing 631 - 640 of 12167 results for "May"

Commodities 'crucial' for portfolio resilience: QIC

MATTHEW WAI  |  TUESDAY, 27 MAY 2025
... particular, a valuable inclusion in a strategic asset allocation, especially in an environment where traditional asset classes may face headwinds," QIC said. Commodity futures are standardised contracts traded on exchanges that transact a specific quantity ...

Australian firms may face 'intense competition': RBA

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
Reserve Bank of Australia (RBA) deputy governor Andrew Hauser said the effects of US President Donald Trump's tariffs may increase competition for Australian firms operating in China. Hauser said he visited China just after Trump's "Liberation Day" ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... Tax Determination in September last year, which the FAAA had lobbied for around six years, and clarifies when individuals may be entitled to a deduction for financial advice fees. The guide covers the legislative background and key definitions related ...

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin Currie Property Securities Fund on May 15 for their inability to scale. FTAL said it "determined that it is in the best interests of all unitholders to wind ...

Cost-of-living, unaffordable advice fuels financial stress: Surveys

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... (RBA) lowering the official cash rate to 3.85% last week. Finder head of consumer research Graham Cooke said two rate cuts may not be enough to ease the spike in mortgage stress since the cash rate accelerated in May 2022. "But it's a step in the ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... average retiree member, a decrease of $225 in the first year, the fund outlined. Members who open a retirement income account may also be eligible for a tax-free bonus of up to $12,350, it added. "Aware Super is dedicated to helping our members reach ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest in a wide range of debt instruments, and cash and private credit. It aims to provide the target return monthly ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... services for members requiring "more complex, personalised support." Brighter Super members eligible to transition had until May 16 to opt out. Out of the 400 eligible members, 316 - who have fixed-term contracts due for review over the next year - have ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... which must be implemented by Kalkine." ASIC said it held concerns that Kalkine's representatives, who are based in India, may have provided personal advice as part of the sale of subscription services when Kalkine's AFSL only authorised it to provide ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... Mercer. The brief tenure adds weight to industry speculation that ANZ Staff Super, among the very few remaining corporate funds, may be considering merger options. Potential partners mentioned in market discussions include Australian Retirement Trust ...