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Showing 1271 - 1280 of 29041 results for "PRI"

New Challenger IM notes seek to raise $350m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Challenger Investment Management will launch a floating rate note on the ASX in a bid to raise $350 million that will be invested in private credit strategies. Challenger IM LiFTS 1 Notes, which will list under the ticker code CIMHA, offer a fixed term ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...

Iress deputy chief made redundant, takeover talks confirmed

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Iress has made the role of deputy chief executive redundant as it confirms it is in takeover talks with private equity firms Blackstone and Thoma Bravo. The ASX-listed company this morning announced that deputy chief executive Harry Mitchell will exit ...

NGS Super aligns leadership team for growth

MATTHEW WAI  |  MONDAY, 11 AUG 2025
NGS Super is welcoming a new chief risk officer as the incumbent becomes chief financial officer, and two other executives take on new titles. Fotine Kotsilas has become NGS Super's chief risk officer, bringing over 25 years of experience across life ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Financial advice businesses have an estimated $1.1 million valuation gap, a new survey from Colonial First State (CFS) shows, as most advisers are not prepared for the planned and unplanned sale of their practices. The Hidden Value Report, produced ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
Commonwealth Superannuation Corporation (CSC) chair Janet Torney has rejected suggestions that bullying, harassment or sexism are improperly handled by the organisation. Torney responded to reporting by the Australian Financial Review that CSC received ...

Trump signs order to open 401(k)s to private markets

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
Citing better returns and diversification benefits, US President Donald Trump signed an executive order to allow alternative assets, including cryptocurrencies, into 401(k) plans. The order calls for a review of the Department of Labor's guidance on ...

Betashares details private markets play, signs first partner

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
Betashares is partnering with US manager Cliffwater LLC in what will be the first offering from its new private markets division. Earlier this year, Betashares flagged that it would be making a push into private markets. Now, offering more detail, the ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Sequoia Financial Group's InterPrac Financial Planning is facing $22 million worth of complaints lodged with the Australian Financial Complaints Authority (AFCA) for its advisers' role in the collapse of the Shield Master Fund and First Guardian ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Treasury has launched two consultations relating to the retirement phase, one of which seeks the right metrics and indicators to create transparency and improve retirement outcomes. The proposed Retirement Reporting Framework will require trustees to ...