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Showing 2261 - 2270 of 19405 results for "One"

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... against three pillars that have the aim of operating a well-functioning financial system: efficiency, resilience, and fairness. One example of an APRA metric assesses the number of MySuper members in a high-fee, poor-performing super funds. A metric ...

SMSF advisers navigate new regulation: Survey

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... significantly impact SMSF clients. On average, SMSF advisers estimate the indexation of the transfer balance cap may affect one in three clients, and that the $3 million cap is likely to impact 32% of clients. When it comes to conversations around these ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... functions and linguistic analysis to weed out poorly performing companies and mitigate losses, the report reads. Private equity is one of the most popular alternative asset classes for SWFs, with the median allocation being 11.9%, inclusive of venture ...

Infratil buys Brookfield stake in telco business

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
Brookfield Asset Management (Brookfield) has offloaded its 49.95% stake in telecommunications company One New Zealand (One NZ) to infrastructure investment company Infratil. The deal has increased Infratil's ownership of the country's second biggest ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... "Advisers are looking for a bit of clarity around how these rules work," he said. "If a client perhaps made no contributions in one year but had a total super balance in that year above $500,000, can we carry for that unused cap space? If I get the client ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... plan, with consolidation into a single investment management platform, and the combined management operating effectively under one brand and model, being Australian Ethical," the business update said. "The higher level of funds under management (FUM) ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

APAC now most active region for VC: Data

CASSANDRA BALDINI  |  WEDNESDAY, 14 JUN 2023
... China's economic outlook weakened other parts of the region have been steadily increasing activity, but Australia was not one of those countries. Based on the data, Australia makes up 3% of region deals and 1% of AUM for the same period which further ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my own values in representing working people." In May, the government said it would legislate a national ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... transaction in less than three months, bringing together two global systemically important banks for the first time. We are now one Swiss global firm and, together, we are stronger," said UBS Group chair Colm Kelleher. "As we start to operate the consolidated ...