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Showing 121 - 130 of 559 results for "Latter"

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... Schedule 5 of the bill also proposed preventing certain distributions funded by capital raisings from being frankable. The latter measure, whilst forecast to generate a $40 million budget windfall over the next four years, is based on data from 2016. ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... Hejaz Group has injected $10 million into Islamic Bank Australia as its chief executive takes up a directorship at the latter. The fledgling Islamic Bank Australia, which is currently operating under a restricted ADI, is due to launch some time in 2023-24. ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... have stagnated. The ASX also recently announced it was approached by Yieldbroker to consider selling its 43% stake in the latter. Yieldbroker is currently being courted by US platform Tradeweb Markets. The sale is worth $125 million and the ASX will ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... Composite Bond ETF and the Payden Global Income Opportunities Fund. The former has gone from a Silver rating to Gold, while the latter was bumped from Neutral to Bronze. Meanwhile, Morningstar said it has ceased coverage of the Franklin Templeton Global ...

APRA consults on approach to combining product histories

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... across-product changes. The former is where there have been changes to the structure or nature of the product, while the latter is where a product has ceased and members have been transferred elsewhere. For within-product changes, APRA is consulting ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... Corporate Governance Board; the former would look at monetary policy decisions and financial system stability alone, while the latter would be focused on corporate governance. The Monetary Policy Board would comprise the governor as chair, deputy governor ...

Mercer Super names key executives

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Following the merger with BT Super, Mercer Super has a new chief investment officer and a personal super and member experience lead. Corrin Collocott has been named chief investment officer, Mercer Super and Multi-Sector. He will also play a deputy ...

Financial Advice Association Australia officially launches

KARREN VERGARA  |  MONDAY, 3 APR 2023
... Anderson is the general manager of transition and acts as interim general manager of policy and advocacy. Anderson took on the latter role after Ben Marshan left the post in March. Joining the FAAA board as directors from the FPA are Diana D'Ambra, Kearsten ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... SG Hiscock. Adding to the shrinking pool of active managers, Perpetual's high-profile takeover of Pendal Group saw the latter delist at the start of the year. This frenetic pace of change in the sector has flipped investor and analyst sentiment. This ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
Recently announcing it has two mergers on the cards, Australian Retirement Trust (ART) has confirmed it is also in the final stages of taking on the corporate fund of a global IT giant. ART is undertaking a successor fund transfer with Oracle Superannuation ...