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Showing 831 - 840 of 8106 results for "Total"

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The latest statistics from the Australian Taxation Office (ATO) show the total assets held within self-managed superannuation funds (SMSFs) hit $1.02 trillion at September end. The total SMSF members grew to 1,173,867 in over 630,000 SMSFs, with over ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... asset owners globally returned to growth last year, with five Australian funds placed on the list and commanding 3% of the total assets. The Asset Owner 100 study from the Thinking Ahead Institute shows the world's top 100 asset owners by size oversaw ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... an additional 42 clients each could lead to 650,000 more Australians receiving ongoing financial advice, increasing the total to 2.4 million, the survey found. Recep III Peker, founder and managing director of Empowered Business Advisory and author of ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
A $34 billion superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset ...

Pinnacle goes global with acquisitions

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
... two international fund managers. Pinnacle is taking strategic stakes in VSS Holdings and Pacific Asset Management for a total of $142.8 million. Pinnacle will take a 22.5% equity stake in VSS Holdings for $92.8 million. It is a private markets investment ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... the retirement savings of those working via labour hire companies. In 2022, APRA sustainability metrics showed MIESF had a total account growth rate (three-year average) of -9.23%, the fourth largest decline across all registerable superannuation entities ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... billion a year in terms of recruitment and productivity. Meantime, in managing their symptoms, about 30% have used up their total leave entitlements. One of the factors that has hindered support for those experiencing menopause and has contributed to ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... enforcement powers. As it stands, those with relevant interests in voting shares of an entity amounting to 5% or more of the total votes that may be cast must disclose a 'substantial holding'. Substantial holders must then report any movements in their ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... followed by Australian Retirement Trust with 568 and Cbus with 493. Super fund trustees were responsible for 6288 of the total complaints. The majority of which (2034 or 56.93%) were around account administration issues. A further 1047 were around group ...

CFS expands managed accounts offering

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
... Price, CBRE Investment Management, ClearBridge, and Lazard Asset Management can now be found on CFS Edge. This takes the total number of managed accounts to more than 150. Some $14 billion is housed across the Edge and FirstChoice platforms. CFS also ...