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Showing 61 - 70 of 9876 results for "Account"

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
Insignia Financial saw funds under management increase by $11.7 billion (up 3.9%) to $312.3 billion as at March 31, and has completed the migration of MLC Wrap to Expand. Total net outflows for the quarter were $1.7 billion, largely reflecting the transitory ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
... changes. The changes include, but are not limited to, applications to: start basic (default) cover early (before their super account balance reaches $6000) transfer Death and/or Total & Permanent Disablement (TPD) cover from another super fund or insurer ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Australian Retirement Trust (ART) will be reducing the maximum account balance for the percentage administration fee from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... they pay in super fees and continue to be disengaged with their super." Vanguard recently launched its pension products - account-based pension SpendSmart and transition to retirement option TransitionSmart.

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... or an issue regarding someone's personal experience. We do care about people's personal experiences and we do take into account the data and what we're hearing from the community and the market, but to suggest that we are resourced and the legislation ...

AMP Advice partners with BlackRock and Lonsec

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
AMP Advice has engaged BlackRock Australia and Lonsec to introduce a new category of tailored managed portfolio solutions, making it accessible to more advice practices. Advisers will have access to portfolio performance tracking and dedicated content ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024
Alphinity Investment Management (Alphinity) and CSIRO have released a responsible AI (RAI) framework and actionable toolkit to help investors navigate the accelerating AI opportunity. The Intersection of Responsible AI and ESG: A Framework for Investors ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
The investment bank is offloading Marcus Invest to Betterment just three years after announcing it will launch the digital adviser. Betterment will acquire Marcus Invest's digital investing accounts for an undisclosed figure. Goldman Sachs, however ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
Global companies spent $181 billion less on share buybacks in 2023 compared to 2022, according to Janus Henderson's latest annual share buyback study. The $1.11 trillion total was $181 billion lower than in 2022, a significant decline of 14% year-on-year ...

Proposed super tax obfuscates legacy pensions rules: SMSFA

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... reduce the remaining number of these legacy pensions by giving individuals the opportunity to take up new more innovative account-based retirement income products. This in turn will make the administration of Division 296 a whole lot simpler and efficient ...