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Showing 6501 - 6510 of 22796 results for "Funds"

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
The ATO has confirmed the first batch of ERS applications have been sent to superannuation funds. The ATO said the implementation of the early release of super scheme for those financially effected by the COVID-19 crisis is progressing well. "We are ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
Morningstar has revealed the Australian equities funds that topped and tanked during the March quarter, which ended with S&P/ASX 200 falling nearly 30% from its February 20 all-time high. The quarter saw the main benchmarks for large cap Australian ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... event-driven manager that it partnered with in 2018, according to its March quarter update which also shows superannuation funds moving to cash. Fidante has ended its partnership with US-based firm Latigo Partners. Latigo Partners' investments include ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... quarter, as advisers move to focus on "supporting existing clients and adapting business models for the current environment". Funds under administration for the period fell $0.7 billion to $15.1 billion, down 4.6% since December 31. The platform pointed ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
Fiducian Financial Services has acquired a financial advice business with $56 million in funds under advice. The unnamed advice business is located in Gippsland, Victoria and will see Fiducian's offices in Sale and Traralgon merge. The acquisition is ...

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
APRA is set to name and shame the superannuation funds that straggle in releasing member's money to them as part of the early release scheme. APRA has launched new data collection to assess the progress and impact of the government's temporary early ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I have sought reassurance from APRA that all the super funds have their houses in order as they have publicly stated," ...

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
Reserve Bank governor Philip Lowe said while some super funds may shrink as a result of the governments early release scheme, they are well placed to manage the withdrawals. Lowe said the industry as a whole should be able to cope with the number of ...

Ethical fund manager wears $520m hit

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... inflows have helped limit the damage. The ethical wealth manager closed the first quarter on March 31 with $3.59 billion in funds under management across its superannuation and managed fund offerings, after taking a combined hit of $520 million thanks ...

AMP Capital shutters global equities fund for platform investors

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... platform investors (Class M) was closed last Friday. The decision was taken by the fund's responsible entity, National Mutual Funds Management Limited. "A reduction in the fund's size over time combined with certain fixed costs associated with operating ...