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Showing 261 - 270 of 6167 results for "Statement"

Local family office backs new venture to invest in climate tech

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
... capital, which they leverage to attract corporate partners and deal flow across the climate technology ecosystem, a statement from Climate Tech said. Climate Tech Partners is nearing its $45 million target first close, with commitments of over $35 million ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
A financial adviser who provided "incompetent" SMSF advice has been barred from practising in the industry for two years by the Financial Services and Credit Panel (FSCP). Glenn Paul Meilak helped clients set up SMSFs in a way that was "systemic" and ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... board directors Rita Mallia, Dave Noonan, and Jason O'Mara exited, though O'Mara later rejoined the board. A statement from Cbus said it noted APRA's intention to review historic strategic expenditures, including partnership payments to unions ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Assistant treasurer Stephen Jones said Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms remains a priority before he bows out of politics but fell short of confirming when the draft bill will see the light of day. Jones told a recent ...

Saxo Australia to rebrand after global takeover

MATTHEW WAI  |  TUESDAY, 11 FEB 2025
... be a game changer for Australian clients," he said. Saxo Bank chief executive and founder Kim Fournais echoed Smith's statement. "We couldn't be more pleased to partner with DMA as we seek to capitalise on the huge opportunity in the Australian market ...

Viola Private Wealth appoints family office wealth adviser

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
... families on defining their wealth's purpose, addressing intergenerational goals, and creating a legacy, according to a statement from Viola. "His approach includes working with external advisers across philanthropy, estate planning, and consulting, further ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... defined benefit scheme even though income the client received from the scheme was referred to on several occasions in the Statement of Advice," the FSCP said. Mr. D now has to undertake at least five hours of continuing professional education covering ...

Northern Trust scores mandate for $32bn infra business

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
... solutions." Northern Trust head of global private capital administration and president of EMEA Clive Bellows echoed Stavrou's statement: "As a dedicated solutions provider for managers of private capital, Northern Trust supports their end-to-end operating ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... the nation's wealth, ensuring long-term economic competitiveness and fiscal sustainability, according to a White House statement. "Sovereign wealth funds exist around the world as mechanisms to amplify the financial return to a nation's assets and leverage ...

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... operations, strongly focusing on compliance, strategic business expansion, and client relationships, Civitas said in a statement. Civitas managing director Mark Stephen said optimising operational efficiencies is crucial for AFSL businesses, and financial ...