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Showing 991 - 1000 of 8240 results for "June"

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... options." Several other large super funds have made similar calls in recent years. Equipsuper closed its property option in June last year, while AustralianSuper closed its property option in September 2021. Meanwhile, in October 2020, HESTA merged its ...

Former BBY operations lead sentenced

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... operations of collapsed stockbroker BBY was sentenced on three charges of dishonestly obtaining a financial advantage. Between June 2013 and May 2015, while BBY's head of operations, Fiona Mae Bilton deceived St George Bank in related to the amount of ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
Valuations for financial advice firms have increased in the year to June, defying expectations that inflation and wider economic conditions would dampen demand and prices. The findings are based on Radar Results' latest data, which saw a 6% to 11% increase ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... counts of dealing with proceeds of crime, and one count of carrying on a financial services business without an AFSL. From June 2019, Arandez was operated the business without a licence. Prior, he was licensed through SIRA Group for three months in 2015 ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... Rainmaker Benchmarking report, which features inaugural research into super funds portfolio holdings disclosure as of 30 June 2022. As part of the report, Rainmaker analysed a sub-sample PHD analysis of 38 investment options offered by workplace super ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... Agreement and selected the chief executive of the combined fund. The two funds first signed a Memorandum of Understanding in June 2022. Today, they confirmed the merger will go ahead, creating a $27 billion fund with about 170,000 members. Vision Super ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... investors' assets at significant risk." Binance earned at least $17.5 billion in revenue, largely from transaction fees, between June 2018 and July 2021, the SEC stated. "We allege that Zhao and the Binance entities not only knew the rules of the road ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... time as the CHESS system in replaced," ASIC said. The ASX is set to respond to ASIC's first special report by the end of June. In July, it will publish results from conflict management review and governance statement. In the last quarter of 2023 ...

Fraudulent property director charged

CHLOE WALKER  |  TUESDAY, 6 JUN 2023
... and used the money for purposes other than the property development. Steele appeared in the Southport Magistrates Court on June 5. The matter has been adjourned to July 17. Steele has been charged with seven counts of breaching s408C(1)(a)(i) of the ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... swing factor is the speed of adjustment in the CPI toward the RBA's 2-3% target. "We see the mostly likely outcome of the June meeting as a pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist ...