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| | | ... letting this go and we hope this inquiry goes a long was to ensuring what happened at Dixon's doesn't happen again." Total compensation for Dixon Advisory victims has reached $338.6 million, according to the Australian Financial Complaints Authority ... |
| | | | ... reserves to pay it." Despite growing concern, the number of SMSF established in FY24 has skyrocketed, representing 5.2% of the total SMSF number of 625,609. The number of wind-ups of SMSF accounts have also dropped significantly, only seeing 1197 accounts ... |
| | | | ... Meantime, the Australian product aimed to deliver income by outperforming the S&P/ASX200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt); since inception it achieved 10% total income and a total return of 9.4% versus the benchmark's ... |
| | | | ... five years or more. There is currently 333,000 lost super accounts, 192,000 of which belong to uncontactable members. In total they hold $11.8 billion in retirement savings. Of these, 55% of the accounts belong to men and 39% belong to women. By value ... |
| | | | ... many." MLC said it will also reduce investment fees and costs for most ready-made investment options from October 1, with total investment fees and costs on the MySuper option to drop from 0.91% to 0.81%. According to Rainmaker Information, the average ... |
| | | | ... Globally, the number of women in portfolio management positions has risen from 12.1% to 12.5% year on year, drawing from a total of 18,141 fund managers. Taiwan, with 339 fund managers, again leads the pack with 32% of its portfolio managers being female ... |
| | | | ... chief executive Neil Macdonald, who said that advisers can still lodge an appeal of Justice McElwaine greenlighting the total settlement amount on September 6. Justice McElwaine approved litigation funder Augusta Pool's payout of more than $42 million ... |
| | | | ... special dividend of AUD 0.24 per share from cash reserves before the deal's completion," Ler said. "This brings the total value to $1.14 per Platinum share, above our $1.00 standalone fair value estimate for the company. "At this stage, we maintain ... |
| | | | ... balance of $66,159. For women, the average balance was $146,146, with a median balance of $52,075. Women held around 43.4% of total superannuation assets, with men holding 56.6%. The share for women was up from 41.9% four years before, it said. ASFA ... |
| | | | ... regardless of age and type of insurance cover held. In the general occupation category, a member who is aged 21 will pay a total of 43 cents in insurance fees per week. A 21-year-old who works in an office-based occupation will pay 32 cents per week. ... |
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