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Showing 191 - 200 of 18434 results for "Plan"

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... takeover bid it was actively considering its holdings in Chicago Skyway and issued a notice to Ontario Teachers' Pension Plan (OTPP), the other major shareholder in Chicago Skyway, to sell its stake. OTPP did not accept the notice, which expired ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
The Australian government is backing the Greens' policy to put a stop on self-managed superannuation funds (SMSFs) from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties ...

Global X awards mandate for ETF business

ELIZA BAVIN  |  TUESDAY, 23 JUN 2026
Global X ETFs Australia has selected Citi as the new custodian and fund administrator for its Australian ETF business, following a comprehensive market review process. Global X said Citi's appointment forms part of its ongoing commitment to strengthening ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... members to invest and adequate ongoing monitoring. Members of the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan together with its sub-plans, YourChoice Super and AusPrac, were exposed to First Guardian between 2020 to 2024. Diversa ...

ASIC moves to preserve derivatives and securities relief framework

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
ASIC is seeking industry feedback on plans to remake four legislative instruments covering exchange-traded derivatives, securities transfers and securities lending arrangements, ahead of their scheduled sunset later this year. The regulator said the ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Frontier awards custody mandate for ICIO offering

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Frontier Advisors is set to launch its independent chief investment officer (ICIO) service to the Australian market and has awarded a custody and administration mandate ahead of its release. Northern Trust has been appointed to provide asset servicing ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... planning. Business Health's newly released What If...? report reveals 67% of principals do not have a documented succession plan that states how the business should run in the event of a sudden death or permanent disablement. Only a minority have undertaken ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... Financial Regulators on system-wide resilience and public-private coordination on this initiative. APRA's 2026-27 Corporate Plan previously flagged the regulator will focus on lifting geopolitical risk readiness. "Entities also need to act now through ...