Page 8 - Jon Bragg News Today

The firm has announced its results for the half year ended 31 December 2022. Fiducian has posted a 9 per cent fall in underlying net profit after tax (NPAT) to $7.0 million and a 17 per cent drop in

The Australian Custodial Services Association has released its latest industry statistics. Total assets under custody for Australian investors rose by 0.6 per cent over the second half of 2022 to $4.

Australia’s super funds have had a positive start to 2023. The median balanced superannuation option delivered a return of 3. 0 per cent in January, according to new estimates released by research

Jim Chalmers has committed to delivering a “responsible” budget in May. Treasurer Jim Chalmers has outlined the federal government’s three-part plan to tackle Australia’s “unacceptably high

The industry’s assets under management have eclipsed the previous record set in 2021. The assets under management (AUM) of the local ETF industry grew by 3.6 per cent in January, according to the l

Labor’s proposed changes would have abolished the need for funds to provide itemised information on payments to unions and industry bodies as well as their marketing spend. Updated regulations rela

The CEO of one of the country’s largest super funds says that the current regulatory framework is not able to support the amount of advice Australians want and need. Aware Super CEO Deanne Stewart h

Michelle Levy says that the purpose behind her recommendation to expand the definition of ‘personal advice’ is to improve the quality of financial advice. A key recommendation in the final report

The benchmark index is nearing its previous high reached in 2021. The S&P/ASX 200 closed at 7530. 10 points on Wednesday, less than 100 points away from the record-high close of 7,628.90 points reach

The financial services firm will provide investment operations transformation and data analytics support to the super fund. State Street Corporation has announced it has been selected to provide cust