Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 7573 results for %22June 22%22

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... RSE, Wycomp. "The TWSF has closed and all members are required to move their benefits elsewhere," the website reads. As at June 2022, it held $31.3 million.

Financial services firms hit with criminal charges

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... Securities and Brava Capital neglected to file financial accounts and auditor's reports for each financial year from 30 June 2020 to 30 June 2022. ASIC revoked the AFSL of APC Securities in July, coinciding with Sutton's permanent ban. ASIC found ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... remain unfinished. According to Rainmaker Information, PM Capital's total funds under management sat at $2.6 billion in June. In the same month, PM Capital reported its Australian Companies Fund had $98.7 million in net asset value (NAV). Meanwhile ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... position unclear. According to ASIC, Brite failed to lodge its statements and auditors report for the financial year ending 30 June 2022. Further, ASIC said the value of funds under management has not been reported by any entity within the Brite Group ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... management industry boasts with $4.31 trillion in funds under management (FUM) as of September 2022 - an increase of 13% from June 2020. At the same time, however, the proportion of assets managed in Australia on behalf of overseas investors is only ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... the goal of achieving positive outcomes for clients and shareholders. It is expected to be fully implemented by the end of June next year. "With the board renewal process now complete, and following today's announcement, the business is positioned ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... starting from 8.69%. According to the non-bank lender, it identified an opportunity in the market following ATO's SMSF June 2023 quarterly statistical report. The report found that SMSFs hold an estimated $876.4 billion in total assets and there ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after 14 years. It returned 11.6% in the year to June 2023 and aimed to beat the S&P/ASX 300 Accumulation Index. Total returns since inception stood at 7.9% as at September. ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... management, before taking on the top job in an acting capacity following the fallout from the Royal Commission in 2018. In June 2019 Mota was officially named chief executive and managing director of the group. Since, the group completed two major acquisitions ...