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Showing 2661 - 2670 of 10366 results for "Trust"

Cromwell names funds management head

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... enormous potential for funds management at Cromwell. In August, CFM, as responsible entity of the Cromwell Ipswich City Heart Trust, sold 117 Brisbane Street, Ipswich for $144.9 million for a $16.4 million premium. In October, CFM agreed to acquire 100 ...

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
... Australia's largest bank will unleash the juggernaut of co-innovation in AI for Payments and further democratise AI with trust and freedom. Our vision is not only to make CBA an AI superpower but make Australia an AI nation as we move to life after COVID-19. ...

New Bitcoin fund promises tax efficiency

ELIZABETH MCARTHUR  |  FRIDAY, 5 NOV 2021
... Zealand. Gardiner said the Vault fund could be a tax-efficient option for Australians given the New Zealand domiciled unit trust structure - known as a portfolio investment entity (PIE) - is zero-rated for offshore-based investors. "Vault does not have ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
In updating its frequently asked questions (FAQs) on the Your Future, Your Super performance test, APRA has confirmed it will publish each MySuper products' test value in the December heatmap. APRA said it intends to publish the performance test ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
... market, with many currently deterred by "the friction of using third party exchanges, the risk of fraud, and the lack of trust in some new providers". A pilot version of the offering will commence in the coming weeks before more features are rolled out ...

Wells Fargo deals finalise

JAMIE WILLIAMSON  |  TUESDAY, 2 NOV 2021
Computershare has completed its acquisition of Wells Fargo Corporate Trust Services' assets. At the same time, Wells Fargo Asset Management has been officially rebranded as Allspring Global Investments. Today marks the first day of Computershare Corporate ...

ATO names second commissioner

KARREN VERGARA  |  MONDAY, 1 NOV 2021
... administration of the tax, superannuation, and business registration systems. "Ms Fish is passionate about building the community's trust and confidence in the ATO and is an inspirational leader for ATO staff who value her empathy and integrity," he ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Choice products charge significantly higher and tend to underperform compared to MySuper options, new analysis by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
J.P. Morgan Asset Management has joined OpenInvest, giving retail investors access to its multi-asset model portfolios. J.P. Morgan Asset Management joins BlackRock and Schroders on the digital marketplace, which enables self-directed retail investors ...