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Showing 1 - 10 of 3459 results for %22August of%22

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... time, mainly on small books from retiring advisers. Crole and Pattison said this was "inaccurate and misleading". Since August 2019, Sequoia spent almost $26 million on acquisitions. "The vast majority of acquisitions have been made in expanding the ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... the impact of infrastructure investments begins to show, albeit with long and variable lags. He added that the upcoming August reporting season is expected to be relatively benign, with no dramatic changes anticipated. If the economy continues to hold ...

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
... flexibility in completing the full degree. This approach aligns with the Treasury's suggestions from a paper issued in August 2022. "The reason that we are all aligned is our united desire to see more flexibility in the qualification standards and access ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... is currently at play isn't ideal as the tests have not changed since 2002 and have not kept up with the times. Last August, Treasury conducted a review of the regulatory framework for managed investment schemes (MIS). This included reviewing thresholds ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... affecting services and is continuing to monitor the situation." It also cited a speech delivered by Therese McCarthy Hockey in August of last year on the regulator's expectations in relation to Prudential Standard CPS 230 Operational Risk Management ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... details on transaction, separation, and tax expenses will be communicated when Perpetual reports it full year results in August. Citi analysts noted that the market has reacted negatively to KKR's offer, with Perpetual's share price tanking over 7% yesterday ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... BOLR class action. In 2018, AMP's estimated BOLR liability stood at $1.2 billion covering about 800 practices. On 8 August 2019, when the BOLR changes were introduced, AMPFP had 542 practices in its network. Fewer practices - about 135 - took part ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... shareholders. The exact amount of these proceeds will be detailed during Perpetual's FY24 financial results announcement in August 2024. The Perpetual board said the sale of its wealth management and corporate trust businesses offered "compelling ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... 2021, spurred by its default MySuper investment option failing the inaugural Your Future, Your Super performance test in August of that year. "Following discussions with the board, team and external partners, we are now considering if AvSuper members ...

Scott Farquhar steps down from Atlassian

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... enterprise, and now, AI." Farquhar will remain on the board of Atlassian and take on a special adviser role when he steps down on August 31. Farquhar and Cannon-Brookes co-founded Atlassian in 2001 after meeting at the University of New South Wales. ...
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