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Showing 1 - 10 of 7542 results for %22June 22%22

NEOS names retail, strategic sales leads

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... South Wales, before being appointed regional sales manager for New South Wales, ACT, Queensland, and Western Australia in June of last year. He brings extensive experience in life insurance and financial advice to the role. Prior to NEOS, Leonard was ...

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... punishable by a fine and/or up to two years in prison. The defendants will appear before Westminster Magistrates' Court on June 13. Earlier this year, the FCA clarified that all financial promotions must be fair, clear, and not misleading across ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... management on behalf of 170,000 member accounts. The two first signed a Memorandum of Understanding to explore a merger in June 2022. At the time, their combined assets were pegged at $26 billion with member accounts of 169,000. In June 2023, a Heads ...

Australia requires swifter settlement cycle: SIAA

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... Australia to T+1, which canvasses industry players to weigh up the pros and cons of moving to T+1, asking for feedback until June 18. Some of the advantages includes aligning Australia with global shifts, delivering benefits early, allowing time for ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... retirement for older Australians." Social security deeming rates for financial investments will remain at current levels until 30 June 2025. This will benefit approximately 876,000 income support recipients, including 450,000 age pensioners. The government ...

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Federal Budget has extended the $20,000 instant asset write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible ...

Chalmers makes bold inflation prediction

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... prediction is at odds with the RBA's modelling which suggested inflation would still be sitting above the target range at 3.2% by June 2025. Chalmers said the reason the government is expecting inflation to fall more quickly is because their modelling ...

REI Super updates Conservative option

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... rejigging its Conservative investment option and will change the name to "Growth Plus". The change will take effective from June 30, the super fund said, noting that from a risk and return perspective the option is similar to the Bonds option. The new ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... inflation data which rose 1% in the March quarter. In addition, the RBA lifted its Consumer Price Index forecast by 5bps in June and December 2024 to 3.8% but still expects inflation will return to the top of the target range by December 2025. In its ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... Raelene Seales as its new chief executive. The $7 billion industry fund with 140,000 members said Seales will commence on June 3. Seales previously served as Zurich's chief distribution officer in Jakarta and as its chief operating officer in Sydney. ...
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