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Showing 791 - 800 of 7322 results for "Returns"

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... savings, including those held in individual retirement accounts (IRA), or take out lines of credit. Instead of delivering the returns promised, the parties made Ponzi-like payments to investors, the SEC alleges. This was because Burkhalter was actually ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... service they expect." Constant said ASIC expects funds to be "customer-centric" and reminded funds that delivering strong returns and balances is only part of the job. "Two years on from the implementation of the Retirement Income Covenant, we are still ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... her pay slip super contributions with what her super statement showed (opening and closing balance), and the investment returns declared on the super fund's website," he said. "In my opinion, the inability of members to comprehend what is happening ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Bravura Solutions returned to profit in the 2024 financial year following a "difficult year" but flags it is not done with its cost-cutting strategies. The ASX-listed firm's total revenue was stable at $250.4 million but managed to haul itself out of ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... Hamilton said. "The success of our strategy to grow longer tenor, more valuable annuity sales is also supporting stronger returns. New business annuity sales tenor continued to materially improve to 8.5 years, which has led to a reduction in the maturity ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2024
... complement existing decarbonisation efforts and meet regulatory compliance obligations, while also generating risk-weighted returns. It has already received $80 million from cornerstone investors BHP, Rio Tinto, and Qantas. Silva Capital, a joint venture ...

First Sentier farewells senior portfolio manager

ELIZABETH FRY  |  MONDAY, 12 AUG 2024
... Australian Small Companies Fund and First Sentier Australian MidCap Fund have consistently delivered consistent absolute returns with above-market performance over the medium and long term.

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive years and came in ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
... to invest about $1.16 billion into global timberland this year. Nest said investing in timberland should provide stable returns with a cash yield, a natural inflation hedge, and portfolio diversification. It first began looking at the asset class' potential ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... chief executive Nausicaa Delfas added that every pension saver should get value for money, which includes good investment returns and high-quality services, for a competitive price. "This is a great opportunity for the pensions industry to help to transform ...