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| | | Former Adelaide-based financial adviser Tai Thanh Nguyen has pleaded guilty to two counts of falsifying company books. Nguyen was convicted on both counts and placed on recognisance in the sum of $1000 to be of good behaviour for two years. The former ... |
| | | | After almost two decades in the role, David Brand is stepping down as chief executive of New Forests. Brand has held the role for 17 years and said it is time to do what he loves most, which is "looking at strategic growth opportunities in new markets ... |
| | | | ... The other options at the bottom of the table were, CBA Group Super Accumulation Plus Balanced (MySuper) at 2.8%, GESB West State Super - My West State Super at 3% and Bendigo Growth Index Fund at 3.5%. The median return for investment options over a ... |
| | | | The ETF industry continued to attract new investor funds, even as asset values declined in 2022, a BetaShares Australian ETF review said. The Australian ETF industry had $13.5 billion of net inflows in 2022. In contrast, Australian managed funds had ... |
| | | | Commodities platform Xpansiv has secured new strategic investors in Bank of America and Goldman Sachs, while Aware Super has deepened its investment. Xpansiv also announced the closing of a $125 million capital raise designed to fuel continued growth ... |
| | | | Otherwise known as the 'cheapest quintile', deep value stocks are the most attractive and underrepresented group within US equities today, according to GMO's asset allocation team. While value outperformed growth by a wide margin last year ... |
| | | | The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ... |
| | | | Australian Retirement Trust (ART), Macquarie Asset Management and the PGGM Infrastructure Fund have backed a Macquarie AirFinance acquisition. Macquarie AirFinance secured a US$2.2 billion portfolio from Aviation Lease and Finance Company (ALAFCO). ... |
| | | | ... (Supervision) Act 1993. Australian Ethical Investment, BT Financial Group, Challenger, Clearview Wealth, Colonial First State Investments, Equity Trustees Superannuation, HUB24, Macquarie Investment Management, Mercer (Australia), Sandhurst Trustees ... |
| | | | ASIC has clarified that the Centrelink Home Equity Access Scheme isn't a credit product, allowing advisers to include it in retirement plans. Responding to an inquiry by Capital Advisory financial planner Michael Miller, ASIC said the operation of the ... |
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