Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 981 - 990 of 9234 results for "Benefit"

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
AMP's MySuper 1970s investment option, its largest by funds under management, had a return of 11.4% for FY24. Meanwhile, the retail super fund's 1980s and 1990s investment options returned 11.31%, respectively. AMP said a high allocation to ...

Aware Super delivers 11.02% to default members

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... savings. "It means they have more exposure to growth assets while they're younger and can accommodate more risk, so they can benefit greatly in years like this - when equity markets have proven robust and, indeed, returns have also been strong across ...

Federation AM invests in Astris Advisory

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
Federation Asset Management has taken a stake in Japanese financial services firm Astris Advisory Japan K.K. for an undisclosed amount. The Tokyo-based advisory firm helps connect Japanese corporates with the international investment community and vice ...

AAT mitigates adviser's permanent ban

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... loss to any of his clients. Although he benefitted financially from his wrongdoing, Justice Kyrou said "his financial benefit was not at the expense of anyone else." Karamian sat the exam only once on 13 November 2021. One month later, when he found ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... decision to stay fully invested in listed equities, has been strongly rewarded. "These shares have provided a great financial benefit for our members this past financial year," he said. Rest has approximately $4.5 billion invested in the magnificent ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... planning advice mentioned above, the fund claims Reduced Input Tax Credits (RITCs) of 55% on GST it pays and passes the benefit on to you in the form of a lower advice fee deducted from your account. This means that the advice fee deducted directly from ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
Bendigo and Adelaide Bank has appointed Richard Fennell as chief executive and managing director, replacing Marnie Baker. Baker has been with the bank for 35 years, mostly in executive roles. She was chief executive and managing director for six years. ...

Key advice executive leaves Aware Super

JAMIE WILLIAMSON  |  MONDAY, 1 JUL 2024
... we've integrated our advice team and offering into a consolidated member engagement, education and advice business to the benefit of our 1.1 million members." "Sarah has also led her teams with a deep understanding of the importance of delivering ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
Stafford Capital has announced that its Australian private equity co-investment program with First Super has been converted into an evergreen structure. Stafford's original private equity program with First Super, which has been operating since 2010 ...