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Showing 1771 - 1780 of 28255 results for "NOT"

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
A confidential Treasury draft proposal obtained by Financial Standard outlines voluntary principles for the design and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles ...

MLC wary of but not opposed to bitcoin

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... chief investment officer Dan Farmer said MLC is open to the possibility of investing in bitcoin in the future, but now is not the right time. "Like many institutional investors, we remain in the 'not now', rather than 'not ever' to bitcoin camp," Farmer ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... tabulating the tax implications last December and KKR pitching a revised offer this month, Perpetual said the parties could not agree to an alternative transaction. "After thorough review and the extensive period of engagement, the board has determined ...

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
The bidding war over Selfwealth continues as Svava has officially put in a binding offer to acquire 100% of the company at 28 cents per share. The new proposal is a 12% premium to the cash consideration of the $0.25 offer from Bell Financial Group (BFG). ...

UniSuper targets 'missing middle' with new digital advice offering

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... advice..." he said. "We're designing this for those that wouldn't ordinarily take up professional advice. And it's not to be in competition; it's more to cooperate and complement the existing services that we see from our in-house team, but ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... significantly uplifted its obligations and incident management systems and processes in an effort to ensure this conduct does not recur" and took this into account. In 14 days' time AustralianSuper must also publish the determination and details ...

ASFA acts to remove First Nations access issues

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... efficiently and receive good, consistent service. "We have listened, we have learned, and now we act." She noted the reforms are not a simple task but "we owe it to them to get this right". "This is not about checking a box or making minor tweaks, this ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
... cannot comment on ongoing investigations and/or proceedings. The exchange came to a head when Bragg suggested the regulator is not transparent about its progress on cases it deals with, and that by settling some instances in mediation - as opposed to ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
... the actuarial report "paints an alarming picture" of what the CSLR Levy could look like in 2026-27, if the government does not fix the numerous problems with the scheme. For the 2026 financial year estimate show that there are now 1092 claims relating ...