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Showing 91 - 100 of 2813 results for "Division"

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...

Rest Super deputy CIO lands new gig

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... team in 2020. Before joining the super fund, Esposito spent ten years in National Australia Bank's project finance division, working primarily in resources, infrastructure, and power sectors. Separately, Rest Super has confirmed that several members ...

Super Moves: ANZ Staff, Aware, Equip, ART, VFMC

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
ANZ Staff Superannuation Scheme has appointed William Leong as head of investments, filling the vacancy left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from ...

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... Capital." Meanwhile, MSC Abacus general manager Sachin Tokhi said: "Through MSC Abacus, our specialist fund services division, we provide end-to-end fund administration, registry and accounting solutions, which can be delivered on a white-labelled or ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... taxing of unrealised capital gains and the lack of indexation can pose compliance challenges for affected taxpayers. Division 296, which will impose 15% additional tax on super balances over the $3 million threshold once legislated, has made no progress ...

FSC appoints two new directors

ELIZA BAVIN  |  TUESDAY, 16 SEP 2025
... the Netherlands where, amongst other roles, he was a finance director within GE Capital Australia's consumer finance division. "It is a privilege to join the FSC board at such a meaningful time for our industry. I'm grateful for the opportunity to support ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

Natixis IM adds distribution leads

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... reports to the head of institutional distribution for Australia and New Zealand Danny King. Joining the private wealth division, Bruno Santos has become the new distribution director, covering Victoria, South Australia and Tasmania. Santos spent the ...

Cbus welcomes new head of risk transformation

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
Cbus has welcomed Sandra Burns in the newly created role of group head of risk transformation. Cbus said Burns will lead the fund's enterprise-wide risk transformation program, designing, implementing and embedding Cbus' approach to risk. Burns will ...

Legalsuper updates investment, insurance fees

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... will take effect. For example, insurance fees charged for death and TPD cover will increase by about 5.8% p.a. Personal Division members who already have default cover in place for at least 24 months and have been at work for 30 consecutive days on or ...