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Showing 141 - 150 of 5172 results for "YES"

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
The government is consulting on new regulations to relax restrictions on legacy superannuation products which would allow individuals to exit unsuitable products and remove barriers to closing legacy funds. The purpose of the draft Treasury Laws Amendment ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
A public inquiry into the collapse of Dixon Advisory will soon launch after the Financial Advice Association Australia (FAAA) gained support from Senator Pauline Hanson in the senate yesterday. After pounding the pavement for months, the FAAA has successfully ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
Platinum Asset Management has confirmed it received a non-binding indicative proposal from Regal Partners. Platinum said it received the unsolicited proposal from Regal to acquire all the shares in Platinum via a scheme of arrangement. Under the offer ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
The former director for Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

Macquarie AM launches emerging markets equity ETF

MATTHEW WAI  |  FRIDAY, 6 SEP 2024
Macquarie Focused Emerging Markets Equity ETF is the latest addition to the Macquarie Asset Management's (MAM) active ETF platform, listing on the Nasdaq yesterday. The new fund (Nasdaq: EMEQ) is managed by the firm's emerging markets equity team - ...

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
During a panel session at the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
Investment firm Factory Capital has become a cornerstone investor in Finexia Financial Group through a $3.73 million private placement subscription. The deal comprises the purchase of 12.46 million Finexia shares at $0.30 each, a 20% premium over its ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
Former financial adviser Ben Jayaweera will spend the next 12 years behind bars after he was found guilty of fraud again. Jayaweera was sentenced in a retrial at the Brisbane District Court yesterday after he was found guilty of 28 counts of fraud amounting ...