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Showing 1101 - 1110 of 6263 results for "Cash"

Cbus creates head of investment options role

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... Internalising option rebalancing should benefit members by increasing flexibility and control of decisions on rebalancing and cash flow allocation. McBride has been promoted to the role from within the fund. He was previously head of investment analytics. ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... its financial services efficiently, honestly and fairly, and that the company made false or misleading representations of cash management promotions. ASIC has sought after declarations, pecuniary penalties and other relief from the Court. This included ...

Vanguard Personal Investor sees Delta boom

CHLOE WALKER  |  TUESDAY, 5 APR 2022
... to a 6% increase amongst investors aged 35-55. Vanguard said the data shows investors are undeterred by volatility, with cash flows on Vanguard's platform also remaining steady through volatility caused by the Ukraine crisis. While both buy and sell ...

Perpetual moves to acquire Pendal

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... scheme of arrangement. The proposal is for a consideration of one Perpetual share for every 7.5 Pendal shares plus $1.67 cash for each Pendal share. Perpetual is currently in a trading halt, with the offer based on its closing share price of $34.23. ...

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... the units in Irongate Property Fund II on implementation of the transaction. Irongate shareholders will receive $1.90 in cash per share and retain the latest distribution which was just shy of five cents. Irongate's board has unanimously recommended ...

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
AustralianSuper and IFM Investors are among several local institutions that will splash their cash on clean energy, technology, and infrastructure projects in the UK in the coming years. Overnight the UK government announced major investments from AustralianSuper ...

Super fund restructures, adds new roles

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... less than $10 billion in assets - that it believes face immediate sustainability issues, having measured account growth, cash flows and rollovers. Legalsuper was not on its list. "At a time of continued reform in the superannuation system and increasing ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses for super funds with less than $10 billion ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... opportunity" on areas including climate and sustainable development. The 2022 Federal Budget, handed down last night, delivered a cash splash for the defence forces and cost of living support, including a cut to the fuel excise. The deficit for 2022-23 ...

Millions to receive tax offset

TOM WATSON  |  TUESDAY, 29 MAR 2022
... uplift rate for PAYG and GST installments will be lowered from 10% to 2% - a move which the government says will provide cash flow support to around 2.3 million small-to-medium businesses and sole traders. Treasurer Frydenberg also outlined a package ...