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Showing 911 - 920 of 9368 results for "Income"

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... flexibility and speed allow us the opportunity to solve solutions for our borrowers while also providing attractive, regular cash income to our investors," McDonnell said. Cornerstone investors, including the Victor Smorgon Group and Sandbar Investments ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... financially sustainable to continue operating its funds. Wheelhouse Investment Partners was founded in May 2017 as a specialist income manager by Alastair MacLeod, Sam Jacob, and Andrew MacLeod. It was originally affiliated with Bennelong Funds Management ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... members, headline admin fees will be halved from 0.30% to 0.15% per annum. Meantime, administration fees on Plum Retirement Income and MLC MasterKey Pension Fundamentals will drop from a maximum of 0.30% to 0.10%. The annual fee cap applied to Plum Retirement ...

Pre-retirees expect less reliance on Age Pension: Investment Trends

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Most Australians anticipate they will fund only 12% of their retirement income with the Age Pension, but the reality is retirees currently need nearly double that amount, a new study from Investment Trends finds. A survey of more than 5600 participants ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... earnings and retirement savings. "A woman retiring at the average age for a man would accrue an additional 7.4 years of income and superannuation which, based on average earnings of $70,626.40 a year, amounts to lost salary and wages of more than $522,635 ...

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... release program is also a factor, with up to one million super accounts being left with less than $1000 in younger, lower-income workers' and single parents' accounts.

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... said. ASIC aligns its default inflation rates with the federal government's 2023 Intergenerational Report (IGR), Retirement Income Review, and current midpoint of the Reserve Bank of Australia's target range for consumer price inflation. ASIC said it ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... Management is part of an investment group, including Shakespeare Property Group, which manages around $3 billion in equities, income securities, direct property and alternative assets.

Dimensional hires institutional sales lead

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... about $1.1 trillion - around $50 billion for Australian and New Zealand clients and offers a full range of equity and fixed income strategies. The fund entered the ETF market in the US in November 2020. Since then, the firm has experienced significant ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...