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Showing 141 - 150 of 4276 results for "Yesterday"

ART executive takes lead super role at Insignia

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
After announcing his departure from Australian Retirement Trust (ART) yesterday, Dave Woodall has been named chief executive of superannuation at Insignia Financial. Earlier this month, Insignia Financial announced an overhaul of its leadership team. ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... past 12 months. Generation Development Group chair Rob Coombe, who also serves as chair of Colonial First State, said yesterday in an address to shareholders that Lonsec is a market leading qualitative investment and fund research and ratings provider ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... lender and investment manager Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that Firstmac breached the DDO provisions by failing to take reasonable steps that would have resulted in or would have been ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... first tranche of the Delivering Better Financial Outcomes (DBFO) legislation passed both the upper and lower houses yesterday. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill aims to reduce red tape for financial ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... by Liberal Senator Andrew Bragg, involved five public hearings and received 197 submissions. Handing down its report yesterday, the committee made 11 recommendations in all. In addition to recognising ASIC has "comprehensively failed to fulfil its regulatory ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... positions, each securing over 60% of their votes, and rejecting Brent Jones and Peter Brook taking a seat on the board. Yesterday, the panel declared that "the circumstances constitute unacceptable circumstances in relation to the affairs of Sequoia." ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... July 2018 changes, the industry has been lobbying for change but seemed to have "fallen on deaf ears". That is until yesterday, in which the Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty welcomed the changes she ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... the top spot for net flows among all investment managers in the managed funds industry. The local fund manager, which yesterday received a $300 million injection from Singaporean conglomerate Temasek, amassed $5.3 billion in net flows over the 12 months ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... in early and growth-stage fund Sprint Ventures, while also investing in biotech venture capital firm Brandon Capital. Yesterday, Financial Standard reported that QIC's venture capital development fund (QVCDF) committed funds to technology investment ...