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Showing 911 - 920 of 7966 results for "Total"

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... inefficiently priced compared to large companies," Tanneeru said. Joining forces with Matthews takes Clearway's stable to a total of four partners, which are Shenkman Group, Osmosis Investment Management, and DSM Capital Partners. Clearway works with ...

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
Meat Industry Employees' Superannuation Fund (MIESF) will increase total and permanent disability (TPD) insurance premiums by 5.4%, effective July 1. MIESF said that while it has a history of providing good value insurance products at competitive rates ...

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... income strategies, and will continue to lead the Merricks business. The acquisition is expected to increase Regal Partners' total group funds under management by 24% to $15.1 billion. "Over 17 years, Adrian Redlich and the Merricks Capital team have ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... 2023 across all asset classes, Rainmaker's latest Mandate Chaser report shows. This is significantly down from the 340 total mandates that were awarded at the end of March 2022, as super funds chose to appoint themselves to manage money. Analysing ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
... not prevent AFCA from considering and finalising complaints received prior to the member being expelled." AFCA received a total of 2492 complaints related to DASS at the end of April. The Financial Advice Association Australia (FAAA) chief executive ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... Overall, there are currently 1359 APRA-regulated funds, 14 fewer than the prior year. Conversely, there were 616,400 SMSFs in total, up 3% from 596,370 year on year. Separately, Treasury is seeking feedback on the proposed levies for APRA affecting the ...

REIT returns to come back strong: Expert

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... historically, if you look back over the last 10 to 20 years, real estate - both listed and unlisted - has given about 8-12% total return, which is not far off equities which have been about 12%." Kruth said there is still a place for real estate in asset ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

EQT Mid-Market Growth Fund exceeds target

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... The Baring Private Equity Asia EQT Mid-Market Growth Partnership (MMG fund) has held its final close at $2.4 billion in total fund commitments, of which $2.1 billion is fee-generating. The raise more than doubled the fund's original target size of $1.1 ...