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Showing 2251 - 2260 of 28255 results for "NOT"

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
Every APRA-regulated super fund uses external investment managers; these are the most popular ones in traditional public asset classes, according to a Morningstar report. For Australian equities, the top managers by funds under management are IFM Investors ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... unanimously concluded that the current terms of the Regal proposal undervalue Platinum, and, as a result, the Regal proposal is not in the best interests of Platinum shareholders. The board has therefore determined to reject the Regal Proposal in its ...

ATO revises advice fee tax deductibility rules

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... section 25-5 are satisfied, the fees for the advice provided by the financial adviser will be deductible," the guidance reads. "Not all advice provided by a financial adviser will be considered to be tax (financial) advice. Where an adviser merely provides ...

HUB24 takes stake in Reach Alternatives

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... solutions that enable advisers to empower better financial futures for more Australians." The financial terms of the deal were not disclosed. Reach Alternatives chief executive Sam Phillips said he is thrilled with the partnership. "This strategic investment ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... residents and tourists, and drive energy innovation across the group." The transaction, the financial terms of which were not disclosed, it expected to close later this year. "We are proud to have worked closely with QAL management, on behalf of TIF's ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating the data to move the needle for the RBA just yet. "Monthly CPI declined to 2.7% in line with expectations. ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... Network presentation. Despite being an 'ethical' fund, more than 70% of the fund's holdings by market value were not screened against the applicable ESG criteria. The case was first brought by ASIC in July 2023 and followed Vanguard already ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... feel anxious about the prospect of needing aged care and the unknown costs associated with it. We must ensure seniors are not left to navigate these challenges alone, without adequate guidance or resources," National Seniors Australia chief executive ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... largest market participant in energy derivatives and given its role as a gatekeeper, it must ensure suspicious orders are not permitted to be placed on our markets." Macquarie accounted for some 58% of all the orders placed in the ASX 24 electricity ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... and Justice McElwaine in that Daly was an officer of a responsible entity of a registered managed investment scheme and did not act in the best interests of members. Daly, along with Ian Williams, Paul Raftery, and Paul Nielsen, breached numerous obligations ...