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Showing 111 - 120 of 299 results for "Tranche"

ATO called to assist in early release super scheme

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
The Actuaries Institute has called on the Australian Taxation Office to play a role in spreading the impact of withdrawals from the governments early release super scheme, estimating it will see $25 billion pulled from super. The government announced ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... APRA chair Wayne Byres said it was more important for regulated entities to focus on the current crisis than the next tranche of regulatory work, given the difficult period ahead of the financial services industry, and the work APRA had done so far to ...

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... months since its initial release. The prudential regulator is set to release an updated version of the fees and costs tranche of its December 2019 MySuper heat map in June, in an effort to demonstrate the actions taken by trustees to address areas of ...

Chi-X continues TraCR roll out

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
Chi-X has released another tranche of US listed-blue chip company TraCRs to meet demand for local access to US mega cap stocks. Another 10 large US companies are available for Australians to gain exposure to, including Google parent company Alphabet ...

More US giants added to Chi-X TraCRs

HARRISON WORLEY  |  FRIDAY, 21 FEB 2020
Chi-X has unveiled the next tranche of large US listed companies to become available through its TraCRs investment vehicle. The alternative stock exchange has boosted the options available to investors through its Transferable Custody Receipts, adding ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
The federal government has released a tranche of draft legislation implementing much of the recommendations of the Royal Commission, including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... first phase of consultation and finalise changes to its reporting changes by midway through next year, with the first tranche of data collected under Phase One due for publication by late-2020. Scheerlinck said the AIST was pleased APRA had acted on ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... with interest and their leave balances adjusted where applicable," she added. "We have begun remediation and the first tranche will involve approximately 8,000 current and former employees receiving back pay totalling $4.8 million including interest," ...

Class makes managed accounts play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2019
... remain as shareholders over the medium term, with Class saying they are incentivised to grow the business. An initial tranche of $1.5 million has been invested, with a further $2.5 million to be added by the end of the month. It is not expected to have ...