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Showing 1051 - 1060 of 16663 results for "The Australian"

Vision Super chair departs

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... Vision Super's decision to merge with Active Super, a process that has been ongoing since June 2022. A member of the Australian Labor Party, she is stepping away from the fund following being selected to replace Linda White as a Senator for Victoria. ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
The Australian Financial Complaints Authority (AFCA) is set to kick out Dixon Advisory & Superannuation Services (DASS) as a member over the next few weeks. AFCA announced on May 28 that the administrator of DASS has 21 days to reply to the proposal. ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of Aurora Funds Management until 20 September 2024. Aurora is the responsible entity of six registered managed investment schemes ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... East Queensland, greater Melbourne and greater Perth. The transaction is currently up for regulatory approval with the Australian Competition and Consumer Commission (ACCC) commencing its review on February 8. Stockland's land lease community strategy ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... imprisonment for fraud. Daniel Farook Ali was sentenced in the Brisbane District Court after an investigation by the Australian Securities and Investments Commission (ASIC). Ali pleaded guilty to five counts of fraud totalling $771,303 relating to his ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... months. The ASX-listed firm today announced it will solely focus on its development and construction business in the Australian market and international investment management capabilities. Over the next 18 months, Lendlease will let go of about 1400 ...

T. Rowe Price hires to strengthen adviser relationships

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... covering NSW and ACT. Prior to that, Banasiak held various roles with BT Financial Group. Ross welcomed Banasiak to the Australian distribution team, saying she has an established record in business development and a sophisticated understanding of Australia's ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... further exposure to the European market through an asset class not previously offered by GSFM or widely available in the Australian market. A year ago, GSFM's portfolio was entirely absent of private assets, but it's since added three private asset managers ...

Principal Finisterre launches new debt fund

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... potential long-term returns." Buchet said Australian investors could benefit when investing in emerging markets as the Australian dollar has a natural correlation with local currencies in regions like Latin America and Africa. He added that it is also ...