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| | | China is now better equipped to absorb US trade tariffs compared to 2018-19 and is poised for growth that can benefit Australia despite the unrelenting trade war, according to experts who spoke at the China Investor Symposium. Amid the spate of universal ... |
| | | | The government has released draft legislation to mandate payday super, a policy that was first flagged in the 2023-24 Federal Budget. The draft legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at the ... |
| | | | ... sign-off. Financial Standard sought comment from LegalVision on the terms of Quadrant's investment, including the size of the stake, and for additional details on how its capital will be deployed. LegalVision had not responded at time of publishing. |
| | | | Perpetual Limited has recruited a chief transformation officer as the financial services giant continues to pursue the sale of its wealth management business. Song Hong joined Perpetual five months ago as a separation specialist when Perpetual was about ... |
| | | | Sydney will stage a global superannuation summit in the second half of the year, on the heels of the inaugural industry gathering in the US last week. NSW treasurer Daniel Mookhey said the Sydney Superannuation Summit will cement the city's growing ... |
| | | | ... Trust will acquire 100% of BC Investment Group (BCI) for $140.3 million from FEC Capital - which currently holds a 53.2% stake - and other minorities including management. Metrics Income Opportunities Trust, which is managed by Metrics Credit Partners ... |
| | | | The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ... |
| | | | ... market leader in the rapidly growing managed accounts sector," Hackett said. Meanwhile, GDG acquired an additional 61.9% stake in Lonsec valued at $197.4 million, in mid-2024. In 2020, GDG paid about $20.1 million to acquire a 37% stake in Lonsec. |
| | | | ASIC is setting its sights on the private markets sector, flagging it will pay particular attention to the surging popularity of opaque private debt investments. The regulator lays out its concerns in discussion paper, Australia's evolving capital ... |
| | | | TAL has appointed a new chair to succeed Mark Joiner, who stepped down late last year, while also adding another non-executive director. Former Commonwealth Bank of Australia (CBA) deputy chief David Cohen, a 16-year veteran of the bank, will take over ... |
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