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Showing 771 - 780 of 8180 results for "Performance"

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... higher administration fees and costs than other product types, APRA said in its newly released package of product performance metrics and insights, adding it may be "particularly detrimental" to members with lower account balances. APRA's Comprehensive ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... distributors, poor quality suitability questionnaires, and do very little monitoring of consumer outcomes and product performance after a product has been distributed. In turn, it identified a tendency to inadvertently place the onus on the consumer ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... study, noting only one in 10 Australians - equivalent to two million people - were across their superannuation fund's performance in the past 12 months. The survey found almost half (49%) are clueless about their superannuation and 41% have only a rough ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... ShareCafe, and Corporate Connect Research for $5.1 million in 2022. In its 2024 annual report, Sequoia said the financial performance of these businesses since acquisition has not been as expected. "While the financial performance of these businesses ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... securities, CMOs, and treasury futures. It sought to achieve LIBOR +3% over a market cycle, while minimising negative performance periods via active management. The regulator's investigation found thousands of "odd lot" CMO positions traded at a discount ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... Advertising of super products at this stage will be limited to MySuper offerings that have passed the most recent performance test, Treasury said. Finally, the ATO's Small Business Superannuation Clearing House will be retired from 1 July 2026. Treasury ...

Remara launches real estate strategy

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... achieve 15% in returns annually and requires a minimum $25,000 investment. It charges management fees of 1.25% p.a. and performance fees of 30%. "The challenges around interest rates, planning delays, immigration, international student caps and cost ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... charged a management fee of 0.79%, while the Wheelhouse Australian Enhanced Income Fund charged 1.20%. Neither charged a performance fee. As at August 31, the Wheelhouse Global Fund had about $84 million in funds under management. The net assets of the ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... acquisition of Pendal being case in point," Ler said. "Platinum's outlook as a standalone entity remains challenged. Its performance continues to lag its peers, and its fee structure remains relatively high."

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... year when the share price was above $1 per share. The share price as of writing is $0.45 per share. Despite the poor performance, WAM Leaders will stick to its defensively positioned portfolio, betting that the sharemarket is too confident about a soft ...