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| | | Bain Capital withdrew its bid for Insignia Financial, which saw the company's share price tumble, but with CC Capital still in the mix, the takeover saga isn't over yet, according to Morningstar. Morningstar said that although the risk of a ... |
| | | | ... option on June 4, it confirmed. "After a period of observation, Prime Super has determined that the SRI Balanced option has not performed adequately to meet our performance objectives," Prime Super chief executive Raelene Seales told Financial Standard. ... |
| | | | A trio of Vanguard ETFs topped April inflows, pulling in over $1.1 billion, according to Betashares' Australian ETF review. The Vanguard Australian Shares Index ETF brought in $533.6 million in inflows, followed by the Vanguard MSCI Index International ... |
| | | | ... portion of an SMSF's earning will be taxable, so while there will be a larger tax bill in certain circumstances it will not be as extreme as some think. Hamilton 21 managing director Richard McDougall said while the tax is controversial, franked ... |
| | | | ... aims to demonstrate the clear benefits of these investments. SMC contends the superannuation system's growth is a strength, not a risk, supporting the economy by channeling savings into investments, it added. "Australia's $2 trillion pool of super ... |
| | | | ... and it would be a shame to waste that hard work. Quick remedies to CSLR and long-term solutions to address DBFO are needed, not just for our members, but all Australians looking to get appropriate financial advice," Anderson said. The Association of ... |
| | | | ... accrued default amounts. In December 2020, the Supreme Court of Victoria ruled the case invalid saying prospective losses are not considered a loss under s 55(3) of the SIS Act. The case was then moved to the Federal Court, with Maurice Blackburn saying ... |
| | | | Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 ... |
| | | | The number of data breaches reported to the Office of the Australian Information Commissioner (OAIC) rose 25% in 2024; 54 or 9% of which occurred at financial services organisations. New statistics from the OAIC show there was a total of 1113 notifications ... |
| | | | ... super funds. Chalmers added that the calculation of unrealised gains exists in other parts of the super system. "It's not unique to what we are proposing. It affects very few people. It's still concessional treatment. It's been part of our budget ... |
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