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

Search Results

Showing 2051 - 2060 of 28255 results for "NOT"

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... oversight. "A sharp, sudden economic jolt may see listed equities devalued instantaneously; private assets, meanwhile, may not be revalued for months thereafter," it said. "This can benefit members who switch out of their super fund before a private ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... loss-making positions, the FCA said, which led to incorrect positions of profits and losses recorded and reported. The trades did not have any effect on the market. In relation to the incident, the FCA has banned Klein from the financial services industry ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... ability to structure the fund in a way which best suits the needs of fund members." He has however highlighted that SMSFs are not designed for everyone. "[it is] for those individuals who want to take direct control of their retirement savings, whether ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... performance, the bar for making changes to the Future Fund's mandate should be set very high and Treasury's latest directive does not meet that threshold, Deloitte Access Economics says, adding they raise more questions than they answer. Last week, Treasury ...

Can technology help advisers service the masses?

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... specialising must reckon with how to leverage technology to make this possible amidst the influx of wealth Australians do not know how to plan for, according to industry experts. A panel of experts from different branches of financial advice at the intelliflo ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... Management, which replaced Ausbil. Platypus' Australian equities strategy now oversees the funds, the size of which was also not disclosed. In the year to September, the Platypus Australian Equities Fund returned 36.1%, outperforming the benchmark ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... days. But that's all Charter Hall is offering for your share in the 58 pubs you own through HPI. That's cheap, but not at all cheerful." The two parties initially put $3.65 per security on the table then upped it to $3.85. Earlier this month ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... reports, saying the legislation would double the taxation on some super members. "The Division 296 super tax is hugely unpopular, not simply because it increases the tax burden on those with more than $3 million in superannuation, but because it does ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... old. This occurred in the case of three clients, ASIC said. The FSCP said the further advice exemption from giving an SOA did not apply to two of the three clients as their personal circumstances had changed significantly in the relevant period. All ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset Credit (PMAC) ...