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Showing 361 - 370 of 4541 results for "Holding"

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... relevant FAR forms," the regulators said. ASIC and APRA also noted that there were multiple accountable persons jointly holding prescribed responsibilities - something they are against. "The regulators consider individual accountability to be the clearest ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... capital is unlikely to do much to lift the number of new dwellings in the short term given that the constraints which are holding back additional development rest largely on the supply side, with high materials costs, a lack of workers, and poor construction ...

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Pinnacle goes global with acquisitions

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
Having successfully completed a $400 million placement in support, Pinnacle Investment Management is acquiring stakes in two international fund managers. Pinnacle is taking strategic stakes in VSS Holdings and Pacific Asset Management for a total of ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... board meeting on 4 November 2024 and made reference to it in the impending AGM speech by way of update. If CVW were not holding an AGM, it would not have otherwise issued a market release providing the information for the reasons given above."

Cbus appoints head of advice

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
Cbus has recruited a former CareSuper executive as head of advice. Matt King will be responsible for ensuring Cbus members have access to advice that meets their needs and supports them to achieve their best possible retirement, the fund said. At CareSuper ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... in voting shares of an entity amounting to 5% or more of the total votes that may be cast must disclose a 'substantial holding'. Substantial holders must then report any movements in their interests of one percentage point or more. The economic interest ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... claims. We're really sending a signal to that sector to say, 'your members have rights and entitlements, you're holding their money, and there is an obligation on you to provide those services promptly, fairly, and efficiently'," Court ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
Macquarie Asset Management, via Macquarie European Infrastructure Fund 4, and Ferrovial have reached an agreement to sell AGS Airports to AviAlliance. The terms of the transaction represent an enterprise value for the business of around $3 billion (£1.53 ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
The $37 billion superannuation fund is suing Iress, saying there has been numerous incidents and breaches since they partnered which have had a material impact on the fund and its members. ESSSuper has filed Federal Court proceedings against Iress and ...