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Showing 1301 - 1310 of 18754 results for "ACT"

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The Financial Advice Association Australia (FAAA) has come out swinging against Treasury and its second tranche of draft Delivering Better Financial Outcomes (DBFO) reforms, saying it can't support them without "substantial change." FAAA chief executive ...

Regal slashes holdings in Opthea over insolvency concerns

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... taking course of action reasonably likely to lead to a better outcome for the company in section 588GA of the Corporations Act 2001.

Sliver of Aussie global equity managers beat index: SPIVA

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Just 15% of active Australian global equity fund managers outperformed the benchmark, making 2024 one of the worst years for performance, the latest SPIVA Scorecard shows. Last year saw 85% of active global equity funds struggle to keep pace over the ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
Treasurer Jim Chalmers and special envoy for cyber security and digital resilience Andrew Charlton have announced plans to develop a digital asset regime, aimed at providing clarity and certainty to the sector. They said this initiative would help to ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... legislative requirements, but this information does not need to be provided to the client unless requested, in line with the Privacy Act 1988, " the draft legislation reads. The CAR must include the scope of the advice, the advice, reasons for the advice ...

Resolution Capital to list second active ETF

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
Resolution Capital will add another active ETF to its product lineup next week. The Resolution Capital Global Listed Infrastructure Fund - Active ETF (RIIF) will launch on the ASX on Tuesday, March 25. The new offering provides direct listed access ...

Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
After a lengthy delay, Mine Super and TWUSUPER have officially merged to become the $22 billion Team Super as of today. The merged entity has 150,000 members and is led by chief executive Vasyl Nair. Seamus Collins acts as chief investment officer ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
State Super closed its main defined benefit schemes in 1985 and 1992, meaning the fund is on a long slow march to completion. Its chief executive John Livanas unpacks the challenges of managing a fund with no new members and an inevitable end. State ...

Perpetual Private awards $60m mandate

ELIZA BAVIN  |  FRIDAY, 21 MAR 2025
Perpetual Private has added the Osmosis Resource Efficient Core Equity Fund to its multi-asset, multi-manager programme, with an initial allocation of $60 million. The Osmosis Core Equity Fund targets a better risk-adjusted return than the MSCI World ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
SQM Research has placed the private credit sector on watch, saying it is increasingly encountering red flags when rating offerings. The research house has been covering private credit since 2007. SQM currently rates on some 70 private credit funds across ...