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Showing 211 - 220 of 4724 results for "Jon"

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
After five and a half years at State Super, Andrew Huang has departed to set up his own shop in the sustainability space. As reported last week, Jonathan Chung has stepped into Huang's role of senior investment manager - equities. Huang has left ...

Former iShares lead joins Stake

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Former BlackRock iShares head Jon Howie will become Stake's new chief commercial officer, charged with driving new wealth creation opportunities for investors. Howie brings over 20 years of experience in financial services to the role, most recently ...

Investors recoup $3m in first Caddick payout

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
Investors duped by fake financial adviser Melissa Caddick were paid $3 million, as distributed by liquidators Jones Partners. The distribution emanated from realised share portfolios and the sale of Caddick's Dover Heights property that she resided ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
The $2.7 trillion managed investment scheme industry is set for a shakeup as a new review is proposing changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

CFOs look to hire in second half: Survey

CHLOE WALKER  |  FRIDAY, 28 JUL 2023
More than half of Australian chief financial officers have plans to hire for vacated positions in the next six months, up 44% from six months ago, according to specialist recruitment house Robert Half. The new study, conducted online in June, surveyed ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
ASIC has cracked down on eight self-managed superannuation fund (SMSF) auditors for breaches of their obligations. Specifically, the regulator has disqualified five SMSF auditors and imposed additional conditions on three SMSF auditors for failing to ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
Financial advisers have 14.5 years of professional advice experience on a median basis, but very few have more than 20, a Rainmaker analysis shows. Rainmaker's June 2023 Financial adviser report based on ASIC's Financial Adviser Register found that ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ...