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Showing 1681 - 1690 of 22782 results for "Funds"

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
... negate the need to juggle two accounts with different rules. "A single combined account would make it easier for members, funds and advisers," the paper said. The second reform proposed is to impose a tax on "very high benefits" drawn in retirement and ...

Platinum, Regal put acquisition talks to bed

JAMIE WILLIAMSON  |  MONDAY, 9 DEC 2024
... recorded close to $1 billion in outflows during November; a $537 million institutional mandate was lost, and the Platinum Trust Funds saw outflows of $239 million. It now has $10.9 billion in funds under management. "Regal has now completed its due diligence ...

Funds SA appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025. Hostplus deputy chief investment officer Con Michalakis, who assumed the role in March 2022 after the merger between Hostplus and Statewide ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... relations team in 2019 and manages relationships with new investors and their advisers in the region. Mancini has 25 years of funds management, corporate advisory and legal experience, working primarily across fixed-income, infrastructure, private equity ...

AustralianSuper replaces retirement lead

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... Vincent, her title change followed an overhaul of ART's operating model and leadership team in July. Both superannuation funds previously touted the importance of the chief of retirement role. Hancock has been in wealth management and superannuation ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found. The Parliamentary Joint Committee on Corporations ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during the Royal Commission. Speaking to ABC ...

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... director of abrdn (formerly Aberdeen Asset Management) Australia. Jollie spent 23 years at abrdn, mostly in senior wealth, funds and business management roles. He also sat on the board of the Financial Services Council for six years. Hearts and Minds ...

New investment fund to drive gender equality

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... Generation Women is an important and welcomed spotlight on women and their potential in Australia - particularly those in the funds management industry," Minderoo Foundation founder Nicola Forrest said. "Every year, gender inequality continues to cost ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... Equity Trustees announced its intention to exit the AET platform business and outsource the administration of the Small APRA Funds (SAFs) business - a portfolio of more than 400 funds and $600 million of assets. The transition of the SAF administration ...