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

Search Results

Showing 91 - 100 of 3517 results for "November"

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3, licensees will likely pay $2818 per adviser. "When ASIC published their estimates for the 2022-23 year, in June ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... in a statement, revealing total assets to be approximately $624 million as of June 30. Vanguard Super was launched in November of last year, and a key distinguishing feature of its products is their low costs.

VanEck launches AUD-hedged equity ETFs

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... prompted by increasing demand from financial advisers and investors. The investment manager's new ETFs, scheduled for a November 9 debut on the ASX, will leverage VanEck's existing international equity strategies, enabling investors to manage their currency ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... courses, according to ASIC. The corporate regulator said it made a one-off update to the Financial Advisers Register on November 3 to record that individuals who are both a relevant provider and a registered tax agent on 20 September 2023 can provide ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... said the XTBs are quoted on Cboe but are currently suspended from trading, with the proposed date for revocation set for November 24. Further, redemption requests will be suspended with immediate effect in accordance with the trust constitution, EQT ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... officially welcomed Kathy Kovacs to its board, marking the final step in the fund manager's board renewal initiated last November. Kovacs, a director at HUB24 since July 2021, succeeds Colette Garnsey who's since retired. The board renewal also ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... cash. The transaction will increase Regal's funds under management to $8 billion and is expected to complete in early November. Established in 2006 and founded by Michael Davies, Gordon Galt and Rohan Menon, Taurus currently manages $2.3 billion in committed ...

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... its Towers Watson RSE. All that remains is the Nissan Superannuation Plan, which has existed in its current form since November 2000, the result of various Nissan plans being merged. According to its 2023 annual report, it has just shy of $27 million ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... wealth management in Australia and New Zealand," George stated. The anticipated completion of the transaction is set for November 30. Back in August, Dexus r eported a $752.7 million los s, mainly due to unrealised valuation losses on its investment ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... defrauded some $23 million from her clients as early as 2012, essentially running a Ponzi scheme. She disappeared on 12 November 2020, the day after ASIC raided her home. In March 2021, ASIC dropped the 38 criminal charges it was pursuing after the police ...