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Showing 931 - 940 of 10611 results for "Set"

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... Mayoral Combined Authorities to identify the best opportunities to support local growth. If each Administering Authority were to set a 5% target, that would secure £20 billion of investment in local communities." Meantime, the defined contribution schemes ...

Fiji super fund picks Northern Trust for custody

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
Northern Trust will become custodian for the $6.5 billion Fiji National Provident Fund (FNPF). Northern Trust has been selected by FNPF, which is Fiji's only compulsory superannuation fund. The fund, which was established over 50 years ago, has about ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... introduced trustee services fees in response whereby members are charged a small fee via its existing reserves which is then set aside in the trustee's own account. The amount charged within two financial years can't exceed 0.10% of the fund's ...

intelliflo partners with Capital Preferences

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Financial advice technology provider intelliflo has partnered with client engagement platform Capital Preferences. Capital Preferences will provide interactive assessments to help advisers better understand client preferences backed by science and behavioural ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... complex for businesses to track and ensure legal compliance. "Every Australian worker, at every age, deserves the right to set themselves on the path to a dignified retirement," SMC chief executive Misha Schubert said. "Australians strongly support universal ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... showing year to date industry net flows to October were $23.7 billion, passing the previous annual record of $23.2 billion set in 2021. Betashares said this trend is very similar to the experience overseas, with 2024 set to be a record-breaking year ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Former and now incoming US President Donald Trump secured his victory in the US federal election, and with concerns over his proposed tariffs, Australian investors may feel the brunt of his policies. The main concern for Australian investors now is ...