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Showing 1451 - 1460 of 28229 results for "NOT"

Insignia lost a suitor, but takeover isn't off the table: Morningstar

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
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 ...

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
... 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. ...

Vanguard ETFs claim first, second, and third place for inflows

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
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 ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... 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 ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... 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 ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... 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 ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... 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 raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
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 ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
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 ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... 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 ...