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Showing 1051 - 1060 of 8679 results for "Sam"

Young people 'locked out' of superannuation: ISA

ANDREW MCKEAN  |  TUESDAY, 11 JUL 2023
Industry Super Australia (ISA) is calling for a "discriminatory legal relic" that denies Australian adolescents from receiving superannuation contributions to be overturned. ISA said about 375,000 young workers aren't entitled to compulsory super contributions ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
AZ Next Generation Advisory (AZ NGA) has appointed Yasemin Onat to lead future mergers and acquisitions. At the same time, Andrew Symes joins as general counsel and company secretary. The firm recently added the role of general counsel role to its standing ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

BlackRock drops more ETF fees

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
BlackRock's iShares Core FTSE Global Infrastructure (GLIN) and iShares Core FTSE Global Property ex Australia (GLPR) ETF fees have been lowered. The ETFs were listed in May this year and originally priced at 20 basis points (or 0.20%). The new fee ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... (scores of nine and 10), offset by more members giving lower ratings (scores of zero to six)," CSBA CX director of finance Sam Monteath said. Funds that proactively reached out to members were found to experience smaller or no declines in performance ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
Openmarkets Australia has paid a $4.5 million penalty, the largest sanction ever imposed by an ASIC Market Disciplinary Panel, after contravening market integrity rules. An ASIC investigation was triggered by a series of transgressions, most notably ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules. In handing down ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
The Reserve Bank of Australia's (RBA) decision to hold the cash rate at 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts ...

Capital Group unveils multi-sector income fund

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
The US investment manager has launched its Capital Group Multi-Sector Income Fund (MSI) to the local market. MSI combines investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit in a single portfolio. ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Embattled PwC's Australian public sector advisory business will remerge as Scyne Advisory following its takeover from private equity firm Allegro Funds. Allegro funds confirmed the new business, which it acquired for $1, will be fully independent ...