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Showing 731 - 740 of 7963 results for "Total"

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... important initiative, helping millions of savers." Nest has more than 13 million members across about one million employers. Its total assets under management currently sits just over $78 billion. It only began operating in 2012.

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
... quarter to September and $3.1 billion of positive market movements. Competitor Netwealth is not far behind, reporting a total FUA to $95.4 billion. HUB24 has a total of 4720 advisers using its platform. Retail comprises the lion's share of FUA at 85%. ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
TAL has introduced several changes to underwriting limits that reduces medical test requirements for new life, total and permanent disability (TPD), and income protection insurance applications. For life and TPD, customers aged 49 and younger can apply ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... provide personal advice to retail clients on relevant financial products had to be registered with ASIC from February 1. In total, 1531 licensing and registration applications were received, which is a 2% increase from FY23. It finalised 1246 AFSLs and ...

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
... showed that new capital raised was $6 billion, down from $7.3 billion in the previous corresponding period. Meanwhile, the total market capitalisation of entities de-listed was $500 million, compared to $400 million a year ago.

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
Australia's investment management market continued its upward climb, reaching $3.4 trillion by the end of June, recording annual growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... superannuation balance over time. The regulator said in this case, approximately 90,000 AustralianSuper members were affected, with total cost to members of approximately $69 million. ASIC's lawyer has asked the court to impose the massive $27 million ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
Netwealth has reported a record quarterly increase in funds under administration (FUA) of $7.4 billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive ...

Hamilton Lane debuts private markets infra fund

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... private markets infrastructure fund to local qualified investors. The Hamilton Lane Global Private Infrastructure Fund is a total return strategy, targeting capital appreciation and income, and gives qualified investors access to a global portfolio of ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... two options. The Diversified Fixed Interest option's objective now is to beat 50% of the Bloomberg Global Aggregate Total Return Index hedged to AUD and 50% of the Bloomberg AusBond Composite 0+ Year Index. Before this, the option sought to beat ...