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Showing 921 - 930 of 6260 results for "Cash"

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... settlement, which is subject to court approval and negotiated on behalf of customers who had invested their super in the BT Super cash option between 2007 and 2019. It was alleged that members who invested in the BT Super for Life cash-only option received ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... investment returns. Though Fahy took issue with the APRA's comments regarding sustainability. "APRA's use of net cash flows as a measure of sustainability is misguided," Fahey said. "The purpose of the superannuation system is to pay out pensions ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses for super funds with less than $10 billion ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... Super's RSE licensee AUSCOAL Superannuation had a member growth rate (3-year average) of -2.66%. AUSCOAL Super's net cash flow ratio (3-year average) is -2.49%. Meanwhile, APRA heatmaps showed that the TWUSUPER balanced MySuper option had an ...

Equity Trustees wins ClearLife mandate

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... Zealand stock exchanges - taking both long and short positions. The fund aims to deliver risk-adjusted returns over the RBA cash rate over the medium to long term. The fund can invest in exchange traded or over the counter derivatives for risk management ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... highest priority to be given to ensuring the stability and resilience of the critical infrastructure supporting Australia's cash equity markets." "This needs to be the focus for current CHESS as well as in rethinking the design and implementation ...

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... Schardt explained. However, the flipside for companies is that their fixed-charge coverage, the ability to generate free cash flow conversion, and the margin performance of these businesses in a rising rate environment is fundamental to these lender-friendly ...

Amber Infrastructure buys up NZ assets

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... education sector," he said. "These high-quality infrastructure investments are already operational, delivering long-term stable cash flows linked to inflation. Our acquisition affords us the opportunity to employ the existing, well-respected New Zealand ...

Global pension report reveals flight to safety

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... getting more active and moving away from liquid assets. A net 10% of survey respondents anticipate decreasing their exposure to cash over the next one to two years. For the first time, the survey of global public investors reveals a reallocation away ...

Aware Super hires from Macquarie

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... key role in the strategic development of the fund's income asset portfolio. She will also lead the team responsible for cash, conservative income, fixed income and credit income. Before landing the role of head of credit at AMP Capital in 2015, Baillie ...