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Showing 291 - 300 of 2815 results for "Division"

Super tax is a 'wealth tax': Taylor

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... super balances greater than $3 million as a "wealth tax". Last April, Labor proposed increasing the 15% tax to 30% under Division 296 tax laws, calculating it will affect fewer than 80,000 Australians. "The new tax is a shocker - a doubling of taxation ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

Head of property at Hostplus exits

ELIZABETH FRY  |  FRIDAY, 16 FEB 2024
... at Hostplus, Deftereos worked at LendLease, where he held a product development role within the investment management division. He has also held property equity advisory roles with National Australia Bank's wholesale team. Earlier, he was a senior ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... global markets after 28 years, effective 27 February 2024. Simon Wright, the current global head of the financial markets division within CGM, will succeed O'Kane and join Macquarie's Executive Committee on 1 April 2024.

Insignia Financial names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... business in May last year. Just months after taking on the role, he famously made sweeping changes, restructuring the division, appointing a new leadership team and reportedly axing several jobs. Prior to joining AMP, Hartley served as chief executive ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... backlogs hinder the delivery of timely client advice. "Clique has been an approved provider of our licensee services division for some time, following an assessment by our compliance team of the quality of its advice documentation," Sequoia managing ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
... Solutions from Fidante Partners, where he held a senior distribution manager role in its high-net-worth and private wealth division. Before that, Babhoota held similar roles at Ironbark Asset Management and Colonial First State. Brookfield Oaktree Wealth ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... This office and our law enforcement partners will hold perpetrators accountable for these and other fraud schemes." SEC division of enforcement director Gurbir S. Grewal said: "As alleged in our complaint, Lee and Chunga attracted investors with the ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... between 2004 and 2007. Nicole Oborne has been a partner at PwC for the superannuation and asset management assurance division since 2021. She is currently an Association of Superannuation Funds of Australia member for its Super System Design Policy Council. ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... head of the contact centre. As head of member support, Rix joins Aware Super's 650-strong operations and technology division, initially reporting to chief operating officer Jo Brennan. The recruit is tasked with leading a team of senior operational ...