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Showing 1071 - 1080 of 7033 results for "December"

Tax Practitioners Board adds two new members

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... spent nearly 10 years with the Small Business Development Corporation (WA) and has been chair with the organisation since December 2018. Dobson was previously a police officer with the Western Australia Police Force and has held other positions in the ...

Cbus creates head of investment options role

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... strategies. The head of investment options position supports the internalisation of the option rebalancing process. Prior to December 2021, Cbus outsourced that function to its custodian J.P. Morgan. Internalising option rebalancing should benefit members ...

Australian Ethical, Christian Super explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... is home to just shy of 30,000 members. At the end of 2021 it had just $2.1 billion in funds under management. In early December, Christian Super's "persistent underperformance" saw APRA tell the fund it must merge by 31 July 2022. The directive followed ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... confidentiality clauses in contracts. Making the announcement yesterday, Westpac said its decision actually dates back to December 2021 when confidentiality clauses were removed from all new contracts. Effective April 1, the decision to allow transparent ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... a separate matter, the UK's Financial Conduct Authority released details of the $16 million fine it handed GAM in December 2021 for failing to adequately manage conflicts of interest as part of the misconduct that saw fixed income investment director ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... likely to be firmly on the government's agenda - with popularity possibly trumping the effectiveness of policies. In December's mid-year economic and fiscal outlook, the government allocated $16 billion to "decisions taken but not yet announced and not ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... products such as Brightday, MYONESUPER and Super Prophets - three sub-plans Diversa has decided to wind up. As at 31 December 2021, OneSuper had total funds under management of $1.35 billion; just $28.8 million of this was held in Brightday ($14.8m) ...

Government vows support for SMEs, self-funded retirees

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... 500,000 companies with PAYG instalment obligations, and new systems to implement the measure should be in place by 31 December 2023, Frydenberg said. The government has said it will also facilitate sharing of single touch payroll data with State and ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
... $100 billion milestone of funds under management, with the latest numbers showing they reached $131.6 billion as of 31 December 2021. This is expected to rise to 25% by 2025, over and above flows into direct shares and listed investment companies. Brennan ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... additional independent director. Douglass has been an executive director of MFG's board since 21 November 2006. Until December 2021, he was the chair and chief investment officer. On March 16, Hamish McLennan, who succeeded Douglass as chair, announced ...