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Showing 81 - 90 of 2863 results for "Rather"

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... has been a strong year, we're always at pains to emphasise the importance of focusing on returns over the long term rather than those for any single year," he said. "Indeed, our high growth option, which younger members with our MySuper Lifecycle ...

Capital Group unveils multi-sector income fund

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
... portfolio. Consistent with Capital Group's investment approach, the strategy is managed by multiple portfolio managers, rather than a single manager. Interestingly, the fund is based on and managed by the same investment team as the Multi-Sector Fixed ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... stakes in Pacific Fair on the Gold Coast and Macquarie Centre in Sydney. Cbus has also been "more focused" on Australia rather than offshore, given that offshore property, particularly in the US, has been noticeably weaker. As of May 31, the APRA MySuper ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... provided very quickly to a consumer of dubious quality". "If it turns out that the poor advice was not a once-off mistake, but rather a function of a business model that is not conducive to advice in the best interests of clients, the report from the ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
... new stock, which also helps retailers in "making money out of their existing sites and growing in their existing sites, rather than having competing properties built on their doorstep." Overall, McCully said he doesn't see many negatives in the convenience ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... incident occurred on November 2, whereby another client of Morrison inaccurately directed two orders to the Chi-X Market rather than the ASX opening auction. Again, this caused significant price variations in the relevant securities that were unreasonable ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... which could see earnings on super balances above $3 million taxed at an additional 15% to a total concessional rate of 30%, rather than 15%, has raised the ire of many, he said. "While some argue the intention is to try to start limiting the size of ...

ETF explainer: Understanding their structure

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
... market is more akin to a relationship between institutional entities, such as an authorised participant and an ETF issuer, rather than actual marketplace. Here, the creation and redemption of ETF units occur away from an exchange, Montgomery noted. Conversely ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
... APRA. The infringements relate to 125 default member contributions being incorrectly attributed to the member's Choice rather than MySuper account." "OnePath Custodians is committed to continuing to uplift its governance, compliance and risk management ...