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Showing 9381 - 9390 of 22801 results for "Funds"

Australian Ethical sees 34pct member surge

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Australian Ethical enjoyed a 34% boost in superannuation members in the 2017 financial year, pushing group funds under management to $2.15 billion. Reporting a 3% decrease in net profit to $2.9 million, the super fund and investment manager said headline ...

IRESS announces senior leadership restructure

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
... best for the future." Separately, IRESS recently updated its Acurity platform to increase the ability of superannuation funds to provide members with a better experience, improving self-service and efficiency for members while providing scale and reduced ...

SuperStream ushers in digital era

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
... digitally, five years after the roll out of SuperStream. The move to digital, which involved the co-operation of 200 APRA funds and approximately 350,000 SMSFs, is said to enable faster rollover of member's monies from fund to fund, and greater consolidation ...

MGP looking toward a better 2018

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
... providers posted a normalised net profit before tax of about $1.47 million - a year-on-year increase of 19.8% - while its funds under administration grew by 17.4% to $2.1 billion. MGP (managedaccounts.com.au) said that despite the increase in NPBT, it ...

Acorns hits $100m milestone

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
Micro-investing and savings app Acorns Australia reached the $100 million funds under management mark in less than two years since its launch. The app, which has more than 300,000 users, has generated a 10.5% per annum return (after fees but before ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... visibility" over superannuation guarantee (SG) compliance by employers. The reform package includes a requirement for super funds to report contributions received more frequently to the ATO - at least monthly. There will also be the rollout of Single ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
... or haven't thought about using superannuation to fund retirement, and less than 40% say they are likely to add additional funds to their super today. Updated figures released today by ASFA for the June quarter show that total budgets for pre-retirees ...

Pinnacle highlights increased retail presence

ALEX BURKE  |  TUESDAY, 29 AUG 2017
In the group's annual report, Pinnacle Investment Management managing director Ian Macoun noted significant growth in funds under management from retail investors. In the 12 months to June 30, Pinnacle boosted its overall FUM by 34% to $26.5 billion. ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

Prime establishes new business division

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Recently hitting $1 billion in funds under management, wealth and accounting firm Prime Financial Group has established a capital division to provide corporate advisory, transaction, restructuring and capital raising services. Prime said the new division ...