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Showing 10051 - 10060 of 22801 results for "Funds"

Super headaches from ATO system crash

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... loss or compromise of data. He said the issues do not relate to the ATO's overall IT capability or skills. Several super funds have updated members online, saying the outage impacted the ability to process several transactions. Requests to transfer super ...

Centrepoint sells funding business for $20m

ALEX BURKE  |  TUESDAY, 20 DEC 2016
... increase its position as one of the fastest-growing and most respected wealth advice companies in Australia. Some of the funds [from the sale] will be deployed to accelerate new organic growth initiatives and the board will also explore capital initiatives." ...

Software provider signs four Aussie hedge funds

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... June and is experiencing strong uptake. AlphaDesk chief operating officer Kevin Galliers said: "Australia's superannuation funds are among the largest allocators to hedge funds anywhere in the world. Thanks, in part, to the completion of the Investment ...

Link completes AustralianSuper transition

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... Superpartners in December 2014, Link is preparing to archive legacy data before switching off the platform. Five of the nine funds transitioned were part of this acquisition, including AustralianSuper. AustralianSuper chief executive Ian Silk said the ...

Super skimming adviser permanently banned

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... provided false declarations to a super fund trustee to access fees from six client's super accounts totaling $286,530; and gave funds to clients from their superannuation and kept a portion of the funds for himself. The regulator decided that Banks was ...

NZ SMEs to receive $260m VC boost

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... Fund will invest $260 million into SMEs across New Zealand over the next five to ten years via a range of venture capital funds. The fund will invest up to NZ$90 million in Direct Capital's V Fund, up to NZ$120 million into Pioneer Capital's III Fund ...

Super tax receipts to reach $8bn: MYEFO

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... through to lower Australian equity prices, therefore reducing capital gains tax from individuals, companies and superannuation funds," Morrison said. Total government receipts, although growing, are expected to be affected by softer domestic prices and ...

Queensland bank sells planning business

DARREN SNYDER  |  MONDAY, 19 DEC 2016
... Rainmaker Information, the deal will potentially see Bridges climb inside the top 13 planning firms nationally in terms of funds under advice. Bridges had $9.9 billion in FUA as at November 2016, servicing more than 50,000 clients through more than 170 ...

Equities on the nose in 2016

DARREN SNYDER  |  MONDAY, 19 DEC 2016
Investors moving in and out of equities-based managed funds are showing less confidence in the asset class as volatile markets continue alongside sustained political uncertainty. The Equity Preference Index, maintained by Colonial First State Global ...

Regal FM COO to depart

ALEX BURKE  |  MONDAY, 19 DEC 2016
Regal Funds Management's chief operating officer will leave the company this month following a transition period. Stephen Baldwin became Regal's COO in 2012, having previously been a quantitative portfolio manager there. Prior to Regal, he was a senior ...