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

Search Results

Showing 1021 - 1030 of 6019 results for "Credit"

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ...

Iress unveils major restructure, new leadership

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... head the Wealth Management division. Additionally, Iress has appointed Ana Smith as chief transformation officer, former Credit Clear chief executive David Hentschke as chief innovation officer and Justin Schmitt as chief operating officer. In an ASX ...

Mantis to distribute Isola Fullerton fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
... Fullerton Fund Management (Fullerton), provides a diversified portfolio of global private equity, venture capital and private credit strategies. "There is strong and growing interest from private clients and their advisors in alternative investments," ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
... Capital Group (Pengana) and major shareholder Washington H. Soul Pattinson (WHSP) have joined forces to launch a new global credit offering to Australian investors. Already, WHSP has poured $200 million of seed funding into the portfolio, which Pengana ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... compensation. Bank-related complaints comprise the lion's share (16,654), followed by general insurer (10,639) and credit provider complaints (4027). In terms of products, home building insurance received the highest number of complaints (18.2%). ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... advice gap is recognised, Fox noted that losing more experienced advisers makes no sense. "It's to the government's credit that they have acted to prevent additional loss of expertise," she said. SIAA acknowledged that some stockbrokers and investment ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... both debt and equity capital. Additionally, the asset manager targets loan pools comprised of "prime borrowers" with high credit scores. Revolution's real estate lending strategy involves financing stable and established properties in the office ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... meeting the conditions, so they could repay personal debts. He is banned from providing financial services and engaging in credit activity for the period as a result. Edden-Brown was the sole director and shareholder of Edden Brown Holdings Pty Ltd (EBH) ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... products also rallied strongly. There was two new products launched in March, which were both active ETFs. "An ESG-oriented credit strategy from Janus Henderson and Intelligent Investor's Value Share Fund," he said. The report highlighted the top ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... January 2023, Regal received a $200 million commitment from a family office to invest in the recently launched private credit strategy, the Regal Private Credit Opportunities Fund. The fund invests in senior loans for small and medium-sized public and ...