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Showing 1181 - 1190 of 18247 results for "Plan"

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...

Financial Standard wins Impact Award

STAFF WRITER  |  FRIDAY, 6 SEP 2024
Financial Standard has been named Financial Services Publication of the Year at the inaugural Impact Awards. The award was presented at Activam Group's 2024 act Conference Charity Gala Dinner this week. The Impact Awards aim to "highlight those ...

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
Monochrome Asset Management has filed an application to list an Ethereum exchange-traded fund (ETF) on Cboe Australia. The Monochrome Ethereum ETF (IETH) would passively hold Ethereum, which is the second-largest cryptocurrency by market capitalisation ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
ASIC reported a 62% pass rate for the latest sitting of the Financial Advisers Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April ...

Rest hires two general managers

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
The $86 billion industry super fund has added two general managers to its leadership, one to look after strategy and the other to oversee data and insights. Rest said the appointments were made with its strategy to simplify the super experience in mind. ...

Macquarie AM, PSP Investments sell AirTrunk stake to Blackstone, CPP Investments

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
... Investments) have sold the entirety of their respective interests in AirTrunk to private equity giant Blackstone and Canada Pension Plan Investment Board (CPP Investments) in a deal worth over $24 billion. Under the deal, Blackstone will be the majority ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
Financial advisers add 5.7% in value for client portfolios, a new study shows, down from 5.9% last year. Now in its seventh year, the Value of an Adviser Report by Russell Investments found financial advisers continue to deliver for clients, particularly ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Australian Ethical will transition its custody and investment administration to State Street. The investment manager said its investment focus will be the delivery of "key inflight projects" in FY25, including the transition to State Street as its current ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... aimed at millennials that will spotlight the benefits of engaging with super early and often. Millennials are willing to plan and engage with data for their long-term physical wellbeing and health, Constant noted, adding now is the time to see millennials ...

Funds SA exec jumps ship

ELIZABETH FRY  |  MONDAY, 2 SEP 2024
Tony Keenan has left the $43 billion investment corporation after a seven-year stint as executive manager of corporate engagement. Keenan left the organisation in August and was a core member of Funds SA's close-knit leadership team. Keenan plans ...