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Showing 281 - 290 of 9548 results for "Release"

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... is held in a trust and is preserved and protected until that individual reaches retirement age or meets a condition of release, like release on compassionate grounds." Delahunty said despite ASIC finding that none of the 15 trustees reviewed had foundational ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms will improve member outcomes and how funds engage with their ...

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
Treasurer Jim Chalmers has announced the release of a consultation paper to gather insights and feedback on how to restructure Australia's financial reporting architecture with the aim to make it more efficient, effective, and fit for purpose. Chalmers ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
Insignia Financial has opened its books to Bain Capital after it matched CC Capital Partners' revised takeover offer. It comes as the wealth giant reports several achievements, including growth in its alternatives business. After CC Capital lobbed a ...

Iress sells superannuation business

ELIZA BAVIN  |  MONDAY, 20 JAN 2025
... funds, it would cease being the owner of a regulated superannuation services provider. The transaction is structured to release $40 million in cash consideration upon the completion of the share sale agreement, plus additional payments of up to $20 million ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... to see - VanEck portfolio manager Cameron McCormack said an RBA rate cut would still be a tight squeeze. "Today's release reinforces our long-running position that the RBA is unlikely to make the first rate cut until later in the year. While unemployment ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... exploded, with both traditional and alternative managers, insurers, and recordkeepers/technology providers collaborating to release a stream of new products that promise more income and longevity protection in simpler, 'more guaranteed' wrappers," it ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer Price Index (CPI) release, Vanguard suggests inflation is continuing to decline within a tight jobs market, despite the underlying inflation rate ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ...