Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 691 - 700 of 9365 results for "Income"

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... cover through superannuation led to $1.7 billion in death benefits and $3 billion in TPD payments in 2023-24. Disability income insurance (DII) also saw a decline post-reforms, though the drop was less pronounced than for death and TPD insurance. Still ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
Metrics Income Opportunities Trust will acquire 100% of BC Investment Group (BCI) for $140.3 million from FEC Capital - which currently holds a 53.2% stake - and other minorities including management. Metrics Income Opportunities Trust, which is managed ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... reported a statutory loss of $257,000 post-tax, reflecting non-cash amortisation and depreciation charges of $603,000 and income tax expenses of $60,000 - offset by its operating profit, which included $326,000 in "one-off transition expenses." "Our ...

CSC-backed fund manager to launch in Netherlands

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
Former Robeco chief investment officer Victor Verberk has partnered with sustainable fixed income credit manager Osmosis to launch Osmosis Investment Management NL in the Netherlands. The Commonwealth Superannuation Corporation and the Oxford Endowment ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... for the industry to provide greater support to Australian retirees - promoting competition and innovation in the lifetime income market, increasing uptake of annuities and driving investment in Australia's long-term asset," he said. "This is also ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... retirement strategy and proposition. The new hire will oversee retirement strategy and be responsible for meeting Retirement Income Covenant obligations, developing customer value propositions and thought leadership. Travis said developing the new role ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
... expenses surged by 14% to $41.5 million, driven by business expansions and enhanced capability. The underlying cost-to-income ratio has improved by 2% to 72% in 1H25. Additionally, it has declared a fully franked interim dividend of five cents per share ...

NGS Super shutters direct investment option

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
... temporarily unavailable from March 1, the fund is introducing a new super calculator to better help members understand how much income they'll need in retirement. This will replace the TrueWealth retirement calculator NGS currently offers.

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... 28 to make a submission. Commenting on the report, Challenger Investment Management head of investment strategy in fixed income Pete Robinson said ASIC was explicit in stating it will increase its focus on private credit - repeatedly referencing opacity ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... losses when its assets are sold following termination," Macquarie confirmed in a statement. "Your share of any net taxable income in the fund will be attributed to you and shown on the final annual tax statement issued following the end of the financial ...