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Showing 1371 - 1380 of 3275 results for "April 2018"

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
Powerwrap is set to list on the stock exchange with a $73 million market cap after securing $15 million in commitments during its IPO. The offer was priced at 35 cents a share for 205 million shares. The 10-year-old platform has been privately owned ...

MGP looks inward for new leaders

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
Managed Accounts Holdings has turned to internal candidates to fill a raft of positions in its executive and distribution teams. Current head of risk management, legal and compliance Craig Giffin has been promoted to chief risk officer. Giffin first ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
Extra conditions have been placed on the AFSL of one of Australia's biggest financial advice licensees following an investigation sparked by phenomenal growth in adviser numbers in just six months. SMSF Advisers Network has had additional licence ...

Budget 2019-20: Social media reacts

KARREN VERGARA  |  TUESDAY, 2 APR 2019
Federal Treasurer Josh Frydenberg ignited mixed reactions on social media when he handed down the 2019-20 Budget tonight. Here's what Twitter accounts had to say. The Liberals boasted achieving a Budget surplus - the first in over a decade. #BREAKING ...

UBS small caps team launches boutique

KANIKA SOOD  |  TUESDAY, 2 APR 2019
UBS Asset Management's small caps team is kicking off a boutique at Challenger's multi-boutique business Fidante Partners with a new unit trust in the works. Stephen Wood, Victor Gomes and David Haddad worked together for eight years on the ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
With the ANZ banking group abolishing all grandfathered commissions as of yesterday, the industry is receiving little sympathy from the Government. Deputy chair of the House of Representatives Standing Committee on Economics Review of the Four Major ...

Board of Taxation reviews granny flat taxes

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
The Board of Taxation has commenced a review into the tax implications of granny flat arrangements. The board has recently consulted with stakeholders from within the Government including the Department of Social Services, Department of Human Services ...

Mine Super names new chief investment officer

JAMIE WILLIAMSON  |  FRIDAY, 29 MAR 2019
The $11 billion industry superannuation fund has promoted from within to fill its lead investment role. Mine Super named Seamus Collins as its new chief investment officer. He has been acting in the role since David Bell's departure from the fund in ...

Industry fund chair joins QIC

JAMIE WILLIAMSON  |  FRIDAY, 29 MAR 2019
The chair of a $70 billion industry superannuation fund will take over as chair of QIC next month. UniSuper chair Ian Martin has been named the new chair of QIC, effective April 1. He succeeds Don Luke who is retiring. Martin brings more than 30 years' ...