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Showing 931 - 940 of 9451 results for "Made"

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... customers." Spaceship Super recently merged into OneSuper, with the fund and its trustee Diversa saying the decision was made because they are "passionate about delivering strong member outcomes for all Spaceship Super members." Spaceship Super was launched ...

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
... account with the same ADI. Stake's head of legal, risk, and compliance Iain Gentle said the decision to pursue its own AFSL was made due to the growing scale of the business and a preference to engage more directly with ASIC. "It's a logical step for ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... and financial advice based in Victoria's Greensborough. The equity partnership scheme investment into Melican will be made up of cash and some scrip component or both. In return, AWAG will receive a royalty payment based on the gross revenue of the ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... particularly US technology stocks, was a key driver of performance over the course of this financial year. "Global stock prices made especially solid gains given the continued optimism on the prospects for 'Artificial Intelligence' (AI) and renewed hopes ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

iExtend receives AFSL after lengthy wait

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... with life insurance policyholders under which it pays some premiums in exchange for a share of the benefit if a claim is made. By doing so, it's intended that policyholders who might otherwise cancel or lapse their cover due to cost can remain insured. ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Andrew Bragg, involved five public hearings and received 197 submissions. Handing down its report yesterday, the committee made 11 recommendations in all. In addition to recognising ASIC has "comprehensively failed to fulfil its regulatory remit," the ...

Aware Super delivers 11.02% to default members

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... the past year and across the longer term. Infrastructure, private equity and other unlisted assets have performed well and made an important contribution," he said. The option is invested in the likes of Canva and Guzman y Gomez, as well as data centre ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... income covenant and fund transfers." The regulator wants to ensure that all decisions, particularly around expenditure, are made with members' best financial interests in mind. SPS 515 comes into effect 1 July 2025. Setting out clear expectations around ...

AAT mitigates adviser's permanent ban

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... uphold the integrity of the industry and those objectives, it is essential that the period of the banning order which is made in relation to the applicant is sufficiently lengthy to convey to others who are in the industry - or aspire to join it - that ...