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Showing 671 - 680 of 4973 results for "Limit"

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
The $225 million purchase of d'Albora marina off Balmain Corporation (Balmain) has seeded a new fund for MA Financial, the MA Marina Fund. d'Albora is Australia's largest marina network consisting of 10 marinas located across Australia's eastern seaboard. ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... for Australians," she commented. That said, Abood added the FAAA continues to feel strongly that there should be a time limit on the pathway, so a relatively young adviser does not continue to practice indefinitely without relevant qualifications. "We ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... an obligation for funds to implement a strategy for members in the retirement phase, new obstacles have also arisen that limit funds' ability to full this obligation, Jones commented. "I'm keen on squaring that off," he said.

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Global X has launched a US investment grade corporate bond ETF, amid skyrocketing credit demand. The Global X USD Corporate Bond ETF (Currency Hedged) (USIG) aims to provide investors with access to the world's largest corporate bond in a cost-effective ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... explained this structure was designed to both prevent a liquidity mismatch and maximise long-term shareholder value. The latest limit is the most recent in a string ; since November last year Blackstone has been forced to limit shareholder requests following ...

BlackRock eyes new ETF products

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... Cap Moderate Buffer ETF aims to track the share price return of the iShares Core S&P 500 ETF up to an approximate upside limit, while providing downside protection against the first 5% of the underlying ETF over each calendar quarter. The BlackRock large ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... earnings (currently tax-free) at 15%, which is the current rate in the accumulation phase. Another recommendation is to limit earnings tax breaks for balances of more than $2 million by implementing a High Super Balance Surcharge. Earnings on balances ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... urged the government to consider the human impact of the proposed super reform. "A person who is currently close to this limit may think re-consider the value of superannuation as their primary retirement savings vehicle. Assets could be sold down and ...

BT Super, Mercer merger completes

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2023
Mercer has officially taken on BT's personal and corporate superannuation products, as well as Advance Asset Management, entering the big leagues with about $63 billion in assets. The finalised merger brings the total member count for Mercer Super ...