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Showing 711 - 720 of 7962 results for "Total"

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... complaints, a 5% increase from the previous year. AFCA said superannuation complaints have consistently accounted for about 7% of total complaints, highlighting ongoing challenges within the superannuation system. Account administration issues led the ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... report, specifically noting the recent departures of former deputy chief investment officer Alexandra Campbell, head of total portfolio management Mark Ferguson, and chief strategy officer Alexandra West, who left in July. However, the report also acknowledged ...

UniSuper offers plenty to like, says Morningstar

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
... Morningstar. Morningstar said UniSuper's strong leadership and collaborative nature reflect a team that's aligned with a total portfolio approach. It also noted that the fund acts decisively as opportunities present while staying focused on its ...

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... 2023, found they were around four times the cost of owning the asset-weighted average of the rest of the ETP market. The total cost of ownership over one year was 1.5%, far above the market's 0.36%. Spreads were 0.43%, much higher than the market ...

Global equity, AREIT managers biggest underperformers: S&P Dow Jones

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... inflows into exchange-traded funds are continuing to be directed into index funds, which now account for more than 91% of total Australian ETF industry assets," he said. "We estimate there are now over 400 index funds including ETFs in Australia managing ...

AMP hires growth lead for super, investments

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... customer solutions that differentiate AMP Super and AMP Investments, the group said. "In this role, Julie will focus on driving total member growth as well as funds under management, contributing to the scale and growth of both the AMP Super and AMP ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Last Resort (CSLR) warned the advice sector should brace for an even bigger levy in the 2026 financial year, forecasting a total of $20 million. Financial advisers are set to cough up more than $20 million in FY26, which will exceed the subsector cap ...

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... "The fund's investment objective otherwise remains unchanged, being to provide returns that exceed those of the S&P/ASX 300 Total Return Index (Benchmark) while maintaining a similar level of investment risk to the Benchmark," it said.

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... outflows driven by institutional clients came in at $1 billion. Updating the market today, Insignia Financial reported its total FUMA has hit $319.6 billion, some 2.7% higher than the previous quarter. Its Master Trust (Superannuation) business grew ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... still need to notify APRA if they decide to make a change to their ORFR target amount. The regulator said it received a total of 11 submissions to the consultation, which occurred in February, and said the majority were in favour of making the change. ...