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Showing 1491 - 1500 of 28236 results for "NOT"

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... judgement requirements. "A principles-based approach and reliance on professional judgement in the law will legally put clients, not compliance, at the forefront of the provision of financial advice," it said. Regarding advice through super, it reiterated ...

Alternative real estate investment manager launches new fund

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
Investment manager Zagga has unveiled a new real estate private credit fund that invests directly in quality prime commercial real estate across Australia's east coast. The Singapore Variable Capital Company (VCC) - the Zagga Real Estate Credit Fund ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... survey found an upward trend in the use of AI to draft meeting minutes. "Another 33% of licensees are considering but have not yet adopted AI for this purpose. This is a timely reminder that licensees are still responsible for the accuracy of documents ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth about $958 million is to be terminated. The termination ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... mandate target return. The mandate target return is CPI plus 4% to 5% per annum over the long term, with an "acceptable but not excessive level of risk." Future Fund chief executive Raphael Arndt said this was "a strong result" that reflected years of ...

What Labor's second term means for regulators

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... adding that "we will need to wait for the parliament to return to re-instate the Senate inquiry." The Senate, however, may not sit again until July or August. "There's a range of other things that consultation had been done, policies drafted, sometimes ...

HMC Capital progresses re-tenancy of Healthscope hospitals

KARREN VERGARA  |  TUESDAY, 6 MAY 2025
... their legal rights and seek to replace Healthscope's tenancies with other hospital operators in the event the breaches are not remedied," HMC said. Healthscope in response said it "entered into short-term forbearance arrangements with the requisite majority ...

New ACCC chief named

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
... its clients and shareholders. "We know that our success is dependent on the trust placed in us by our clients, a trust we do not take lightly," he said. Magellan's new chief executive Sophia Rahmani commenced in the role on March 3.

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... that Berkshire has a special reputation that when there's times of trouble for the government that we are an asset and not a liability which is a position that's very hard to have, because usually the public and government get very negative on business ...