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Showing 1271 - 1280 of 19405 results for "One"

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... 'fit and proper persons test'. This comes after Cbus announced three new directors has been confirmed onto the board. One of which was former Maritime Super chair Paddy Crumlin. APRA took issue with the appointments and requested a copy of a ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... "urgently needed" as there are now only 15,500 advisers and only about 300 new entrants that joined in the last calendar year. One new solution the FAAA recently introduced is recognising financial planning students through the migration system to offer ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... substantial. "It's extremely important that the education for NCAs be able to count towards the full financial planning degree, one of the two big opportunities that we see in this proposal is that the NCAs of today can become the professional financial ...

AustralianSuper expands international equities team

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... AustralianSuper has announced three senior investment management appointments to its international equities leadership team. About one third, or $110 billion, of AustralianSuper's total assets is invested in international equities. Presently, about 30% ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... benefit to. In the first instance it will be paid to a qualifying spouse. If there is no qualifying spouse, it will be paid to one or more qualifying children. Where there is no qualifying children, the benefit will be paid to a legal representative ...

Advisers put faith in global equities, small caps in 2025

MATTHEW WAI  |  THURSDAY, 28 NOV 2024
... Webster from Canopy Investors, saying a second Donald Trump administration in the US could spike growth in this sector. Over one third (35%) are expecting to increase client allocations to the asset class, second only to fixed income (41%), the study ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... allocation to illiquid assets while being able to deftly handle sudden market selloffs and manage longer-term demographic risks. As one of the key drawbacks of private assets-liquidity-is less of an obstacle for pension funds, the benefits of the asset ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ...

CI Financial taken private by Mubadala Capital

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... Samuels' stake in 2016. Mubadala Capital, meanwhile, is the alternative assets arm of the UAE's Mubadala Investment Company - one of its sovereign wealth funds. All CI Financial shares will be acquired for $35.17 per share in cash, excluding shares held ...