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Showing 221 - 230 of 3700 results for "Order"

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... release is met before July 1, the adviser will need to consider whether to move funds back to accumulation phase beforehand in order to get the benefit," he said. Meanwhile, contribution caps are determined by a different measure, the average weekly ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... to serve as the chief advisor to the California Corporations Commissioner, the state's securities regulator. As his first order of business, Uyeda launched a crypto taskforce dedicated to developing a "comprehensive and clear regulatory framework" for ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
... resettlements, and ending birthright citizenship, among other things. On the culture war front, Trump will also sign an executive order that declares it is the policy of the US to recognise only two sexes - male and female - and that taxpayer funds will ...

Iress sells superannuation business

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
... as a market leader, and we look forward to building on this ensuring readily available access to data and flexibility in order to support clients to increase their efficiency, scale and value to members. "

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... keen they are to cut wages. "We've seen in the last couple of days, Coalition MPs like Matt Canavan and others say that in order to get a pay rise, workers should have to give up their superannuation," he said. "What sort of an outrageous statement is ...

The highest paying jobs in financial services: Data

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... Robert Walters said. "Employers will need to balance the need for flexibility, career progression, and fair compensation in order to stay competitive and retain top talent." On the salary front, private equity firms are handing out the big bucks as the ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...