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Showing 2211 - 2220 of 28255 results for "NOT"

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... refuse to grant a particular licence authorisation. ASIC can reject applicants' nominated responsible managers if it is not satisfied they can show the necessary competence to deliver the relevant financial service. In terms of professional registration ...

ASX listings dwindle as companies abandon public markets

ANDREW MCKEAN  |  FRIDAY, 11 OCT 2024
... decrease of nearly 100 listings over the past year, signalling reduced participation in public markets. This trend, however, is not unique to Australia. In the US, the number of publicly listed companies has dropped by almost 50% over the last 25 years ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... showed strong performance in retail super, with FUM rising 9.9%, making it the second fastest-growing segment after MySuper. Not for profit (NFP) funds' FUM increased by 9.1%, while small funds, predominantly self-managed super funds, saw growth of 7.5% ...

ETF winners and losers in September

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... seeing an "uncharacteristic outflow." Fixed income saw mixed results, as investors sold out of short duration floating rate not strategies to longer maturity Australian government bond strategies or the broader benchmark. Vanguard research, released ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... on members' retirement savings. "I will make it clear that I am very concerned that this conduct is serious. It is serious, not just for the consequences for members, but, to me, there is a pattern emerging in some of these cases about priority given ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... "Ultimately after months of advocacy, it's incredibly disappointing Labor has chosen to proceed with legislation that does not sensibly index the $3 million threshold to Consumer Price Index (CPI) and this lack of indexation will disproportionately impact ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... great addition to our business and provides a simple entry point to financial education for many Australians who often do not know where to begin their journey. "As part of the intergenerational transfer of wealth across Australia more than $3.5 trillion ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... notification to allow time to sell down investments. The switch, however, could potentially be delayed if there are dividends due but not yet paid, pending corporate actions, or restricted or suspended securities on the account. "While the Cash investment ...

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... of economic activity will likely lead to the building of inflation pressure. However, we expect the Fed will be patient and not aggressively hike rates in response." Another factor Boothe said investors need to be watching is the upcoming US election ...

Vale Todd Guyot

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... and smaller companies for Moelis Australia after Foresight acquired it in 2010, before moving on to Regal in 2014. "Todd was not only an exceptional investor, but also a remarkable human being. His enthusiasm for the markets was contagious, and his humour ...