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Showing 761 - 770 of 5402 results for "Third"

LongView launches shared equity fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... chair Evan Thornley told Financial Standard that shared equity helps solve a "crushing social problem whereby Australia has third of a generation who don't have access to the Bank of Mum and Dad and are in an impossible position trying to get a deposit ...

Wingate launches third credit fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The alternatives fund manager has launched its third credit fund to wholesale investors that invests in corporate debt opportunities in Australia and New Zealand. Wingate Corporate Credit Fund 3 (WCCF3) targets net pre-tax returns of over 10% per annum. ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... said Norris' team will report to the chief executive and acting chief investment officer Raphael Arndt. Norris is the third top executive to depart the fund in the year. The Future Fund's investment chief Sue Brake left in June last year, citing ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... cycles from fortnightly to monthly and back to fortnightly, hiding the fact that they are experiencing cashflow issues". The third, more financial advice-specific trend, Worn said, is the shrinking adviser market. With the number of advisers slashing ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... be stapled to these dud products, which can cost each of them up to $230,000 at retirement," it said. ISA noted nearly a third of products assessed were dark crimson for their 'significantly' high administration fees, and the median Choice administration ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... steadily increasing towards 12%, member contributions have been declining, with the above-SG contribution rate falling by one-third since 2009 to reach 7% in 2022. A more alarming trend, the rising share of total benefit payments paid as lump sums, which ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... be substantially more due to a number of factors including the taxing of unrealised gains, the lack of access to the one third Capital Gains Tax discount that applies to super funds and the lack of access to the benefit of franking credits that would ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... 2% over the same period, reaching $102 billion. Challenger managing director and chief executive Nick Hamilton said: "Our third quarter performance reflects our efforts to remix annuity sales, with a focus on growing longer duration retail retirement ...