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

Search Results

Showing 191 - 200 of 2813 results for "Division"

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... financially benefit from the death of victim-survivors. It went on to suggest amending the Family Law Act 1975 as the division of superannuation falls in property settlements under this remit. The committee urged lawmakers to reduce the "procedural and ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... public fixed income business, it said. Kapnick, along with HPS' Scot French and Michael Patterson, will lead the new division to develop a financing solution for alternative asset managers utilising BlackRock's resources. The trio will also join BlackRock's ...

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... of the government to pass its proposed $3 million superannuation tax last week may well see the measure abandoned. The Division 296 tax could be shelved until after the next federal election, missing out on the opportunity to pass during the final parliamentary ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... a fine if his application for serious financial hardship had not been successful. Klein initially worked in the same division in Sydney from August 2017 and transitioned to the London branch in October 2018. Macquarie detected the issue on 23 February ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... Nicholas Ali also welcomed the 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 ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... Southern District of New York has also announced charges against the former investment chief. Acting director of the SEC's division of enforcement Sanjay Wadhwa said Leech's allegedly fraudulent conduct was a "shocking betrayal" of his clients. "Investment ...

Morningstar names director, manager research

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... and lead manager, research ratings Matt Olsen said Cook's extensive experience will benefit Morningstar's fund research division. "Working with Morningstar's regional and wider global manager research teams, Eva will continue to support investors, advisers ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... Bragg said. "But the union still exists - there's an administrator in charge of key aspects of that construction division..." Fok said. To which Bragg responded: "So Cbus is going to keep them afloat, is it?" Fok said Cbus will make commercial arrangements ...

AMP makes operations, product, strategy hires

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... operations, enhancing customer experience, and optimising service delivery. She joins from BT, the wealth management division of the Westpac Group, most recently as its head of service and operations. Meanwhile, Way will help advisers to run their investment ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... claiming that a high percentage of company-wide assets were ESG integrated. But saying it doesn't make it so," said SEC Division of Enforcement acting director Sanjay Wadhwa said. "Companies should be straightforward with their clients and investors ...