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Showing 3271 - 3280 of 28255 results for "NOT"

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... misstatement' and 'presented fairly in all material respects the financial position of the SMSF'. In other words, they did not identify any concerns," the law firm said. "We now know that the financial reports reviewed by the auditors were ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
... people towards making better financial decisions now, the advice clients of the future are being created - individuals who not only can afford to pay for traditional, holistic advice, but who also see the immense value in it," Williamson said. All information ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... and auditors report for the financial year ending 30 June 2022. Further, ASIC said the value of funds under management has not been reported by any entity within the Brite Group in an audited balance sheet since December 2019. Brite and its related entities ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... entering a scheme implementation deed before November 1. In response, Diverger said it is working through COG's proposal and has not made any recommendations yet. It does not consider the new proposal "superior" to Count's offer of $45.3 million. "Shareholders ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... short of international peer comparisons," Briggs said. "The significant foreign capital managed in other financial centres is not an accident. This has been achieved through a deliberate focus by these jurisdictions on regulatory and tax reform that ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
... August, Murray Brewer suddenly left after just three months as head of PGIM's Australia client group. Although PGIM did not explicitly state that both executives would be replaced, a spokesperson stressed that Australia remains a key part of the ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
... aspirational target of $30 million. The concessionary fund prioritises impact and is aimed at Indigenous businesses that are not only sustainable and growing but also have limited ability to access capital. Speaking to Financial Standard Saulo explained ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... "extremely difficult" to reconcile. As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material upward revision to the outlook for inflation. Subsequently ...