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Showing 211 - 220 of 3359 results for "Frank"

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... company's sale, while a criminal investigation is also underway. In September 2021, JPMorgan Chase paid US$175 million for Frank, a platform that assisted college students in applying for and managing financial aid packages. The deal was part of the ...

Canadian pension fund buys Aussie spud farm

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
... The business will continue to operate under the Mitolo Family Farms brand and under the leadership of managing director Frank Mitolo and the current executive leadership team including John Mitolo and Darren Mitolo. "The next steps in our growth trajectory ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
Brisbane-based investment firm Hamilton12 has selected Apex Group as administrator of its new Australian Shares Income Fund. The Hamilton12 Australian Shares Income Fund, launched this month, aims to generate long-term after-tax returns for Australian ...

CFA Institute unveils major program overhaul

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
The CFA Institute has executed its most comprehensive CFA Program revamp since 1963, in a bid to increase its relevance in today's investment landscape. The CFA Program enhancements aim to better prepare aspiring investment professionals for a rapidly ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Challenger launches $250m unsecured note offer

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
Challenger Limited has launched a $250 million offer of Challenger Capital Notes 4, a new type of unsecured note, to boost capital. The offer, which includes both a New Money Offer and a Reinvestment Offer, will be used to fund a subscription for Additional ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... monetary policy that culminated in the worst performance for the traditional blended portfolio since the 1930s," Knight Frank said. Europe saw the largest decline in wealth with a drop of 17%, followed by Australasia with 11% and the Americas by 10%. ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
Countplus reported growth in advisers of 13% in the first half and a 17% increase in wealth segment revenues, while also announcing it will discontinue Wealth Axis' operations. Filing its 1H23 results with the ASX this morning, Countplus' revenues were ...