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Showing 1111 - 1120 of 5871 results for "July"

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... fund manager in FY2021. According to Magellan's most recent annual report, his salary increased to $1.639 million from 1 July 2021. Magellan's share price has slid recently, from a high of $55.76 in July to $29.85 as of today. In its October ...

QSuper, Sunsuper unveil rebrand

KARREN VERGARA  |  MONDAY, 6 DEC 2021
... dedicated to providing superannuation products and services to Queensland government employees and their families. From 1 July 2022, the merged entity will reduce fees for two million members. Final details will be communicated to members prior to 30 ...

Athene, Apollo stake in Challenger approved

KARREN VERGARA  |  MONDAY, 6 DEC 2021
... Management now have an 18% stake in the ASX-listed Challenger after APRA approved the additional 3% holding. First announced in July, their total stake was valued at $720 million. Athene, a retirement solutions provider with total assets of US$224.4 ...

Mine Super appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... deputy chief executive for about a year, having been promoted from chief risk officer. When her first joined the fund in July 2016, it was as chief strategy officer. Nair has also previously held senior roles with Commonwealth Bank, Westpac and law firm ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... years' experience is charged $840 annually. Those new to the profession pay $600 p.a. A Standing Committee on Economics in July heard that the AFA's revenue sits at around $3 million per year. AFA general manager of policy and professionalism Phil Anderson ...

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... Australia's economic recovery from the COVID-19 pandemic." The FRAA will provide its report to the government by the end of July 2022. Interested parties will have until 28 January 2022 to get their submissions in. "The Financial Services Royal Commission ...

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... post-COVID national economic growth and the CCIV will help achieve this objective." The CCIV regime is expected to commence from 1 July 2022. The regime has been in the works for some time. In 2018 the first of several tranches were released for industry ...

New role for Ian Silk

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
... risks and regulators are continuing to escalate their expectations in how we should manage those risks." Silk announced in July that he would step down as chief executive of AustralianSuper. He led the fund since its creation on 1 July 2006. AustralianSuper ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... 2021-22 budget following a period of delay. Assistant treasurer Michael Sukkar expects the CCIV regime to commence from 1 July 2022. "Currently only around 5% of the $2.5 trillion in funds managed in Australia comes from overseas. The CCIV regime is ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... Dixon Advisory and Superannuation Services, has applied to freeze the $7.2 million penalty agreed between DASS and ASIC in July. Kosen-rufu said it is taking action because it wants "greater certainty for itself and participants in the class action that ...