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Showing 951 - 960 of 9371 results for "Income"

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
Commonwealth Superannuation Corporation (CSC) has gone live with its retirement income strategy, unveiling a suite of retirement resources. The super fund said it's among the first to go beyond merely publishing information about what a strategy might ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... parental leave payments. Under the legislation, those who take paid parental leave will accumulate SG contributions on the income paid by the government from 1 July 2025, at which time the SG rate will have increased to 12%. Those SG contributions will ...

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
The cost of a comfortable retirement increased by about 1% last quarter, with couples aged 65 now needing $73,337 per year, and singles requiring $52,085, according to the latest data from the Association of Superannuation Funds of Australia (ASFA). ...

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... manage to recoup $4.91 billion in the second half of 2023, but this was largely attributed to the rising demand for fixed income funds. Fixed income fund flows continued their "blistering pace," with investors seeking capital safety and strong yields ...

Bennelong, Leadenhall launch ILS fund

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... non-life insurance linked investments and offers open and closed-ended funds and managed accounts. ILS are typically fixed income investments that pay regular coupons. Leadenhall managing partner Lorenzo Volpi said insurance markets have been shown to ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
... leading market positions in recession-resilient industries such as healthcare and software. "The fund aims to generate income through exposure to a portfolio of high-quality assets. It offers monthly applications and redemptions and is expected to receive ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
... in 1H 2023, which included the impairment of goodwill and other intangible assets of $142.9 million. Revenue and other income for 1H24 came in at $309 million, down 1% from $311.6m in 1H23, due to divestments over the past 12 months. However, excluding ...

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
... down 48% year on year. This was markedly lower due to the divestment of 34% of the US Military Housing Asset Management income stream that was recognised in FY23. This unit's funds under management decreased 2% to $47.3 billion year on year. The ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... as basis, risk premia and risk recycling. Lo joined ART/Sunsuper over 10 years ago, initially working within the fixed income and currency team. Before ART, he worked at Legal & General Investment Management and at JPMorgan and State Street. Meanwhile ...

GQG's FUM rockets to record US$155.6bn

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... charges a performance fee for some clients, payable on surpassing certain performance thresholds. Meanwhile, net operating income grew to US$273.2 million, up 54.9%. GQG declared a second quarter interim dividend of US$0.0335 per share, which is a 90% ...