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Showing 841 - 850 of 2129 results for "Financial Year"

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... market making will be allowed to function. About 20 active ETFs used the internal market making model at end of last financial year. This includes active ETFs from issuers such as Magellan, Platinum, Fidelity, BetaShares and others. Deutsche and Macquarie ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... December 2018, Suncorp's profit was slashed by 45% year-on-year mainly as a result of extreme weather events. This financial year Suncorp will increase its natural hazard allowance by $100 million - from $720 million to $820 million. Market Forces ...

FPA launches Tinder for advisers

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
... give them confidence to access professional financial advice. De Gori was speaking at the Pritchitt Partners New Financial Year Event 2019 when he said that the matchmaking tool is part of what he views as the future of financial advice. He added: "We ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... $12 billion corporate super fund has achieved lower investment and transaction fees for its members for the 2019 financial year. Commonwealth Bank Group Super's investment-related fee and cost estimates, which generally change each year, were mostly ...

Mercer unveils best-performing Aussie equity funds

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
Mercer has named the top-performing Australian equities funds for the 2019 financial year. Mercer's latest Investment Survey found Martin Currie's Australia Real Income strategy delivered 18.8% in the year to June 2019. BlackRock Equitised Long ...

APRA sticks to rigid member outcomes deadline

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... data sources. RSEs have the discretion to apply the 12-month outcomes assessment period either to the calendar or financial year, income year for the RSE licensee or any other 12 month period. The FY20 financial year is likely to be the appropriate first ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... However, Mhor was unable to grow its funds under management. It had about $25 million in net assets at the end of last financial year, mostly from retail investors. The fund was closed last month and capital returned to investors, a Mhor spokesperson ...

LGIAsuper to stand on its own

HARRISON WORLEY  |  TUESDAY, 9 JUL 2019
... successful investment philosophy that has seen us performing in the top quartile of similar funds over the last financial year," Farrar said. "This is because we have retained our strong member focus and a nimbleness that big funds struggle to match." ...

Government extends early retirement scheme

ELIZABETH MCARTHUR  |  MONDAY, 8 JUL 2019
... payment is equal to the base amount plus the service amount multiplied by the years of service. For the 2019-20 financial year the base amount is $10,638 and service amount is $5,320. The taxable part of a genuine redundancy payment or early retirement ...

PYSP queries inundate super funds

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
... since joining a month ago. "Every time I have called I am dropped after 20 minutes on hold. It's now end of financial year and I have not achieved what I needed to so will be out of pocket thousands come 1 July," the member wrote. Despite the long ...