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Showing 341 - 350 of 6511 results for "News"

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... month, but the income is derived from more than one part-time or casual job. As such, the removal of the measure was welcome news for the superannuation industry, which described the threshold as anything from inequitable to arbitrary and illogical. ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... superannuation fund members is maintained." Glass Lewis, another proxy adviser, was also pleased. "We are pleased with the news that the Australian Senate voted to overturn the proxy advisor regulations released by the Treasury in December," Nichol Garzon-Mitchell ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... coming weeks and our updated view will be published soon after." Magellan's share price dove to $16.50 on the back of the news Douglass would be taking leave. Earlier in February, the share price was above $20. In December 2021, the company's share price ...

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... (level one), 46% (level two), and 56% (level three). CFA president Margaret Franklin said: "I recognise that today's news will be disappointing for some. This is the last stage of a tough journey under the best of circumstances, and I hope candidates ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
Vanguard's decision to hand back institutional mandates has been good news for State Street Global Advisors, BlackRock and several other managers, analysis shows. In October 2020 Vanguard announced it would hand back mandates to super funds ahead of ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... competitive around the provision of its services into the advice industry, and I don't see that changing." This is certainly great news for any potential buyers of BT or any of its parts; the sale process for Panorama has already begun and Westpac is ...

Mayfair 101 files new appeal

ELIZABETH MCARTHUR  |  TUESDAY, 25 JAN 2022
Mayfair 101 has confirmed it will appeal the 2021 Federal Court decision that found its advertising misled and deceived investors. The notice of appeal was filed on the same day Mayfair was fined $30 million for the misconduct. Mayfair's appeal claims ...

Credit Suisse chair resigns

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
... António Horta-Osório's conduct. The board did not elaborate on what the investigation it commissioned was about. Several news sources reported that Horta-Osório failed to complete several quarantine periods in the UK and Europe. Reuters reported ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
Another two covid years over, a new one's just begun. Although still not proved beyond the shadow of a doubt, since the first bat flapped its covid wings in Wuhan (China), it has gone through several mutations - most notably, Alpha, Delta and now Omicron ...

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
James Mawhinney's Mayfair 101 Group has been ordered to pay a combined penalty of $30 million for misleading advertising. In handing down the decision, Justice Anderson said the increased penalties were appropriate, noting that those sought by ASIC ...