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Showing 761 - 770 of 7963 results for "Total"

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... 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 ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... 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 ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 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 ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 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 ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 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 ...

Aussie female fund manager representation lags: Research

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... 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 ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... 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 ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... 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 ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... 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 ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... 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. ...