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Showing 91 - 100 of 100+ results for "Treasury"

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... good-quality, affordable personal advice to consumers". "ASIC has provided industry feedback on issues relating to law reform to Treasury for consideration as part of the Quality of Advice review," the regulator said.

Another senior woman to depart AMP Capital

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... end of September." Before joining AMP Capital, Prnjatovic was a director of electricity networks transactions at NSW Treasury and a vice president, research analyst in infrastructure at Citi. She is the latest in a string of senior women to resign from ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for Consultation) Bill 2021: Superannuation information, along with Women's Legal Service Victoria ...

AMP board adds former banking chief

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... joins the ASX-listed firm on July 1, bringing over 40 years of experience in leadership roles across funds management, treasury and banking. Hirst was the chief executive and managing director of Bendigo and Adelaide Bank. He spent nine of his 17 years ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... this is delivering on a commitment under the government's deregulation agenda to improve the technology neutrality of Treasury portfolio laws. Industry consultation is open until 16 July 2021. The government initially planned for virtual AGMs to be allowed ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... financial advisers, after hearing shadow cabinet secretary Jenny McAllister's comments on June 17 in debating the Treasury Laws Amendment (Self-Managed Superannuation Funds) Bill 2020 that is proposing the maximum number of SMSF members is increased ...

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... give that Treasurer the power to direct the way their savings are invested?" she said. After debate, it was agreed that Treasury power to direct investments would be carved out of the laws. The reforms will see members stapled to the first fund they ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson. Hanson and her One Nation colleagues circulated an amendment that would see people over the age of ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
... exempt from the restrictions. The bill, which was supported by Maine state treasurer Henry Beck, also directs the state Treasury to do the same across all state funds. "If Maine can divest responsibly and thoughtfully, there are no more excuses for any ...