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Showing 1121 - 1130 of 14003 results for "Current"

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... captured by the National Credit Code and carry consumer protections. Some of the companies had no or minimal assets or current trading activities, and some were established purely to obtain the loan. In most cases, the individuals seeking the loan provided ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... in the Australian private credit market as a result of our market position and the opportunities that derive from our current portfolio, despite the fact that there has been a decrease in M&A activity," he said. "As one of the most active lenders in ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
Cbus has made several senior staff redundant in pursuit of its growth strategy. The $94 billion industry fund has let go of its head of compliance, acting head of brand and marketing, head of marketing, communications, and insights, head of strategy ...

EQT wins RE mandates for FIIG Securities, Nanuk AM

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
Equity Trustees (EQT) will serve as responsible entity for two recently launched vehicles. EQT has been handed RE mandates for the FIIG Monthly Income Fund and the Nanuk New World Fund (Currency Hedged) Active ETF. EQT executive general manager, corporate ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... corruption allegations in relation to the CFMEU. "Cbus is not unique with its union representation; however, with the current and former chairs of the board also connected to the Australian Labor Party, increased independence would be welcomed," Morningstar ...

Cbus rolls out Advice Essentials Plus

KARREN VERGARA  |  MONDAY, 28 OCT 2024
Cbus Super has launched its new financial advice offering, Advice Essentials Plus, which is a step up from its intra-fund advice service. Advice Essentials Plus is the third option on Cbus's financial advice menu, which currently comprises Advice ...

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
QIC chief economist Matthew Peter has revealed that Australian ranks 6 th as a top destination for international investment on a global scale. QIC collated and analysed data to reveal the attractiveness of countries around the globe as investment destinations. ...

AMP hires growth lead for super, investments

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... whose experience will be a great addition to the Super and Investments business and will provide strong support for our current teams driving our growth strategy as well as our risk and compliance frameworks."

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... committed to their long-term investment strategy (45%) and believed active managers should help them outperform passive in the current environment (61.3%). Similarly, 72.5% of advisers agreed active managers were better for specialist approaches required ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
A Queensland-based financial services business has lost its Australian financial service licence (AFSL) following its failure to comply with licensee obligation. ASIC revoked the AFSL of Next Generation Advice (in liquidation) (Next Gen) after the Queensland ...