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Showing 1431 - 1440 of 6264 results for "DET"

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
Cbus has honoured a figure central to its creation, and the creation of superannuation in general, Tom McDonald. Cbus chair Wayne Swan said McDonald leaves a unique legacy of nation changing economic reform. "Tom's leadership was key to the creation ...

ETF growth slows but investors remain resilient

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After two straight months of negative growth, the Australian ETF industry regained its growth trajectory in March, as share markets also rebounded strongly. A BetaShares Australian ETF review reported the industry grew 4.1% month on month and ended ...

Legalsuper invests in innovation

JAMIE WILLIAMSON  |  TUESDAY, 12 APR 2022
Legalsuper recently awarded two active investment mandates in support of innovation and female founders. The first of the two was awarded to Acorn Capital for investment in its Emerging Growth Strategy. The strategy invests in mis-priced ASX-listed ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
Assistant treasurer Michael Sukkar has welcomed the ATO's recent draft guidance on family trusts, noting that they are a legitimate and important way for families, particularly those running small businesses, to manage their financial affairs. This ...

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
ASIC has started civil penalty proceedings in the Federal Court against Macquarie Bank Ltd over alleged failures to monitor third party withdrawals from customer accounts. The corporate watchdog said that limited monitoring by Macquarie of transactions ...

Border rule-breaking former adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
Mark Babbage, the financial adviser who was jailed last year for breaching Western Australia's tough border restrictions to attend the AFL Grand Final, has been banned from providing advice for 10 years. Babbage was arrested by Western Australia police ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The investment manager has disclosed the loss of a substantial institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds ...