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Showing 11 - 20 of 2876 results for "April 2015"

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Treasury has released the draft regulations for the superannuation concessions changes set to come into effect FY 2025/26. Stakeholders have been encouraged to submit responses to the draft regulations before 26 April 2024. The bill imposes a tax rate ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
HESTA has appointed a former Citi director as its head of investment execution. Sophie Jelleff joins the $82 billion superannuation fund on April 8, working alongside the executive and investment management teams to shape and lead investment execution ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
Bitcoin has hit a new all-time high, surpassing US$72,000 ($100,000) for the first time since the digital asset's inception. The latest price boost was underscored by an increased acceptance of Bitcoin by mainstream financial institutions with the UK's ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
Pendal is terminating one of its funds, saying that it was too expensive to operate, 11 years on from its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
The government is seeking feedback on alternative superannuation performance test designs after criticism about unintended investment consequences. In considering potential reform options, the primary focus is on improving member outcomes through an ...

ASX settles $1.05m fine for transparency failures

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
ASX has settled a $1.05 million penalty after an ASIC investigation found it failed to meet pre-trade transparency rules on 8417 occasions from April 2019 to December 2022. The rules mandate that ASX disclosure specific order details on its trading ...

DomaCom chief executive John Elkovich steps down

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Fractional property investing platform DomaCom's chief executive John Elkovich has resigned effective immediately due to personal reasons. DomaCom chair and ex-Liberal Part leader John Hewson praised Elkovich's contributions, notably his oversight of ...

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
An Australian equities fund from a global manager and an emerging markets equities offering from a local boutique will both be terminated. Both T. Rowe Price and Paradice Investment Management are shuttering funds, citing investors' best interests. ...

Nominations open for 30th annual MAX Awards

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Nominations are now open for the annual Financial Standard MAX (Marketing, Advertising and Sales Excellence) Awards. Now in their 30th year, the MAX Awards recognises industry excellence in the fields of marketing, advertising and sales in financial ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
The federal court will soon determine if it will approve the $16 million to settle the class action against E&P Financial Group as some victims of Dixon Advisory and Superannuation Services (DASS) are running out of time to make a claim. On 3 April  ...