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Showing 641 - 650 of 2183 results for "Financial Year"

Class makes acquisition, profit down

ANNABELLE DICKSON  |  TUESDAY, 17 AUG 2021
... transaction is set to be completed on September 1 with an estimated revenue contribution of $3 million for this financial year. Topdocs provides SMSF, corporate, and trust documentation to accountants, financial advisers, lawyers, and other professional ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... announcing the changes, Challenger also reported that assets under management jumped 29% to $110 billion in the financial year to 2021. Challenger turned around a massive loss of $419 million in FY20 to a $589 million in net profit after tax. The funds ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... administration fee component of the test based on the administration fee charged by the product over the most recent financial year, benchmarked against peers," the government said. Association of Superannuation Funds of Australia chief executive Martin ...

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... well-resourced during the COVID-19 economic and market downturn, to position for future growth. "During the 2021 financial year, we saw the results of this decision and the exceptional efforts and flexibility of our people as our business engaged from ...

Lifecycle MySuper outperforms single strategy

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... June, and 7.9% p.a. over three years (for 61 options). Many funds such as AustralianSuper said the returns this financial year were their best in decades, if not since inception.

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... performance. The latest Rainmaker data shows $35 billion of the $50 billion that was added to the ETP market in the 2021 financial year, accounting for 70% of growth, came from net flows and products converting from unlisted unit trusts or forming a ...

Pandemic hasn't killed retail: Airlie

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... achieving this by investing in centralised distribution centres. The Airlie Australian Share Fund delivered 33.7% last financial year, 5.9% better than the index. The three stocks Fisher said contributed most to the fund's outperformance were Mineral ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... Financial advisers will need to fork out an extra 27% to pay the regulator's industry funding levy for the 2021 financial year. Advisers will pay $71.354 million in aggregate or $3138 on a per adviser basis plus a fixed amount of $1500 per licence ...

Perpetual AUM rises

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... flows. "Our asset management teams across the globe have delivered strong performance for our clients over the financial year with Perpetual's Australian equities, credit & fixed income, multi-asset and global innovation capabilities all outperforming ...

Bank rebound buoys Aussie equities funds

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
The Australian banking sector has rebounded from being among the worst performers of the 2020 financial year to among the best for 2021. That's according to Mercer's Australian Shares Investment Manager Performance Survey. The survey also demonstrated ...