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Showing 701 - 710 of 4006 results for "Accounts"

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... 6.38%. In terms of size, the Australian equity market occupies ninth place globally, trailing after the US market which accounts for over 58.4% of total world equity market value today. In local currency real terms, Australia currently ranks as the second-best ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... said the bank's MySuper option had significantly poor performance in relation to the benchmark. The fund's total accounts growth rate (three-year average) was also negative (-2.28%). ART chair Andrew Fraser said Commonwealth Bank Group Super ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... production of "green" fuels. Currently, direct super fund investments in large-scale renewable electricity generation accounts for about 5% of Australia's renewable generation capacity (approximately 10% if indirect holdings are included). Complementary ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... including changing superannuation fund, advice for which Financial Circle received significant fees paid out of client super accounts. Fuoco's involvement included making key decisions on consumer loan arrangements on behalf of Financial Circle ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... of convicted child sexual abuse offenders deliberately hiding millions of dollars' worth of assets in superannuation accounts to defeat compensation claims." They said the reality is that only a small number of superannuation accounts have balances of ...

Commonwealth Super Corp hires former MTAA investments lead

ELIZABETH FRY  |  FRIDAY, 17 FEB 2023
... assistant manager of investments at Medibank for four years and for the government statistician preparing the national accounts. His appointment to CSC follows a release by AV Super chief executive, Michael Sykes that the fund will merge with the Australian ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... he said. Another Business Health white paper, Future Ready IX, which was released last year, found that staff pay now accounts for 48 cents of every dollar of revenue generated and represents 63% of all business expenditure.

One in 10 adults interested in crypto: Report

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... in retail stocks/ETFs investing." On average, Australian crypto users are familiar with 6.7 crypto providers and have accounts with at least three. The more experienced investors are more likely to use more providers, Investment Trends found. The desire ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... "fantastic foundation" from which to build. According to APRA heatmap data, HESTA ranked fifth by a measure of total accounts growth, for MySuper products, averaged over a three-year period. Accounting for some of this growth, HESTA completed its merger ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... June 2022. Managed account FUM rose to $12.2 billion, a 9.5% increase over the same period. Netwealth's number of client accounts also increased to 121,032. In an ASX announcement, the company said that it continues to gain market share with a strong ...