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Showing 361 - 370 of 4594 results for "RAISE"

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
OnePath Custodians is entering a court enforceable undertaking with APRA and will pay close to $11 million, as it continues to identify super members whose contributions weren't directed to a MySuper option when they should have been. APRA has agreed ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
The Berry Motorfair returns this year with the aim of raising $150,000 for Lifeline Australia and the Starlight Children's Foundation. The event will be held on November 24 at the Coolangatta Estate Winery in Shoalhaven Heads, New South Wales. The ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
The cancellation of "golden visas" could be dire for fund managers' business models as the industry hopes the government will unveil another iteration of the Significant Investor Visa (SIV) that have attracted massive inflows from rich investors. ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The Financial Industry Community Aid Program (FICAP) will raise funds for Life Ed, the charity behind Healthy Harold, at its annual RockStar event next week. FICAP has selected Life Ed as its new charity partner in 2024, providing funding for the Healthy ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Financial advisers are focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... just 2.6%. Comparatively, teachers' pay increased 3% p.a. Recruit 2 Advice principal Dugald Braithwaite said the results raise a few questions relative to salaries and the recruitment supply side. "Will this have a negative impact attracting university ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... HMC remains on-track to commence fund raising in 2H 2024 for its inaugural Energy Transition Platform which is seeking to raise up to $2 billion. "We are impressed by the calibre of Stor-Energy's management team and believe the business has the potential ...

Federation AM invests in Astris Advisory

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... and Brownjohn both left Macquarie Group in 2018 to set off on their own. Brownjohn launched Federation with a $500 million raise for the first fund, targeting companies that operate in renewable energy, health, education, and real estate. It currently ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...