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Showing 2181 - 2190 of 28255 results for "NOT"

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... advisers acting as authorised representatives of Ultiqa advised consumers to invest in the Ultiqa Lifestyle Scheme, when it was not in the consumers' best interests and inappropriate to their circumstances. It was ordered to pay $900,000. Justice Downes ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
The International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia's consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced ...

Dinimus appoints new head of distribution

ANDREW MCKEAN  |  TUESDAY, 22 OCT 2024
... of private credit in Australia is partially or fully exposed to real estate but Dinimus is differentiated in that it does not invest in construction or real estate, he said. He also said its current fund contains a diversity of sector exposures which ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... informed all RSE licensees that it will be intensifying its supervision of their expenditure as it looks to curb spending that is not in the best financial interests of members. The regulator said it will prioritise this supervision where member benefit ...

Shifting retirement intentions require super rule change: ASFA

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
... employed (32% of the full cohort), around 70% have a specific intention to retire. Only a substantial minority of those do not intend to retire (3%) or are unsure if they will retire (6%). To support these differences, ASFA said it is important to continuously ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... delivering strong returns. Pearce said that while the ASX has outperformed the S&P500 so far this financial year, that is not necessarily expected to continue. "We don't see that very often. Can it be sustained? I have my doubts," Pearce said. "Why ...

My Dealer Services appoints head of strategy

MATTHEW WAI  |  MONDAY, 21 OCT 2024
My Dealer Services appointed Ashley Mahadeea to the role of head of strategy. Mahadeea is experienced in advising fintech start-ups on launch strategies, strategic planning, competitive analysis, and business development. He is also currently the national ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... after fees and taxes above the rate of inflation. "While the difference between our current and new default options might not appear significant, over time, slight differences in returns can compound to have a real impact," ESSSuper said. ESSSuper has ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... their offer price to $3.85 per security in cash, up from the previous offer of $3.65. The offer was a best and final and would not be increased. The final offer valued HPI at $757 million. HPI owns 59 pubs and hotel properties around Australia with its ...