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Showing 971 - 980 of 2129 results for "Financial Year"

Blue Sky scores major pension fund mandate

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... billion as at June 30. The firm currently manages 67 separate funds and exited four investments throughout the financial year at or above carrying value. Speaking to Financial Standard in August, Blue Sky managing director Robert Shand said the firm ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
... recent Asia commentary, PAI chair Bruce Coleman said the region will likely deliver strong returns over the coming financial year, given that it is "growing robustly, in markets positioned for safety and yield after nearly a decade of monetary experimentation ...

Industry super fund adapts new life insurance model

DARREN SNYDER  |  FRIDAY, 1 DEC 2017
... with REST members and informed by years of experience operating the largest insurance pool in Australia. "Last financial year we paid over 5000 claims, which is nearly 20 claims every working day. This gives us a deep insight into the experiences of ...

gigSuper reaches out to self-employed

EMMA RAPAPORT  |  WEDNESDAY, 22 NOV 2017
... non-super redraw facility to allow members to place additional funds into a separate account until the end of the financial year. "We understand the importance of flexibility and ease of use - gigSuper allows members access to their funds through investment ...

Super funds driving PE growth: Report

KARREN VERGARA  |  THURSDAY, 16 NOV 2017
... report shows. Australian superannuation funds ploughed $676 million of capital in private equity over the 2017 financial year, according to the Australian Private Equity and Venture Capital Association's (AVCAL) Yearbook. Funding from domestic sources ...

ANZ and ASIC settle over BBSW case

DARREN SNYDER  |  MONDAY, 23 OCT 2017
... currently unclear. "Based on the in-principle agreement, the financial impact to ANZ will be reflected in the 2017 Financial Year results and is largely covered by the provisioning held as at 31 March 2017," ANZ said in its statement. In March 2016 ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
... this can be increased based on the number of ongoing external administration appointments at the beginning of the financial year and the number of prescribed documents lodged with ASIC during the financial year. In the deposit-taking and credit sector ...

Life insurance complaints down: FOS

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
... and life insurance accounted for 9% of all disputes accepted at the Financial Ombudsman Service of Australia last financial year. In its annual report FOS outlined that of the 22,475 disputes it accepted over the 12 month period, 1292 were investment ...

NZ Super Fund posts record returns

EMMA RAPAPORT  |  THURSDAY, 28 SEP 2017
... Superannuation Fund turned in a 20.71% (after expenses, before tax) return. This follows a return of 1.89% the previous financial year. The NZ Super Fund sits at NZ$35 billion ($32.2bn) having added NZ$5 billion in the past year. Fund chair Catherine ...

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
... Investment Trends' annual Planner Risk report for 2017 shows a record 47% of planners changed life insurer last financial year, up from 45% in 2016 and 35% in 2015, while more than a quarter said they would like to establish a new insurer relationship ...