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Showing 741 - 750 of 2129 results for "Financial Year"

Superannuation fund appoints co-founder

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... former leader of GetUp. The fund was planning to raise money earlier this year but postponed the raise into the next financial year.

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
... about 10% from the firm's full-year 2019 result of $315 million, with $284 million in wealth fees booked this financial year, "due to lower brokerage income as the wealth advice business focused on the high net worth segment". Meanwhile, the firm's ...

No change of mind for ERS

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... from the ATO, even in circumstances where a second determination for a member is received in respect of the same financial year, and whether or not payment has yet been made in response to the first determination." The ATO said in the event a fund receives ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... Overall, rolling 12 month returns for the index are tracking at around -3.2%, the lowest level since August 2009. Financial year to date returns are now averaging -4.8%. However, the results pale in comparison to the troubles suffered during the worst ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
Early release of super was the topic most frequently asked about by advisers during March and April, according to new figures from AMP's technical adviser support team. The next most asked about issue was minimum pension drawdowns as the government ...

How Cbus is servicing early release requests

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... release amounts and numbers by APRA in March. And Cbus initially estimated $3.3 billion worth of requests this financial year and $2 billion for next financial year. Fok said the fund's initial estimate was based on COVID shutdowns as they stood ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
Colonial First State's superannuation team has revealed the burning questions financial advisers are asking at the moment, with the team frequently fielding queries on early access to super and new social security measures. The queries included ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... this year. Management fees for the firm's Global Equity Fund (Hedged) (I Class) will also be reduced in the new financial year, from 1.2% to 0.99% per annum. The new management fee aligns the portfolio with other T. Rowe Price offerings, the manager ...

ATO to determine duplicate ERS applications

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2020
... document, the ATO said while the application process does not preclude an individual applying multiple times in a financial year, the ATO will be responsible for rejecting any additional applications. "ATO Online (via myGov) does not preclude an individual ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ...