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Showing 361 - 370 of 5847 results for "Short"

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
Income Asset Management's (IAM) mandate to refinance digital non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices ...

Three in five women lack retirement confidence

ELIZA BAVIN  |  MONDAY, 10 MAR 2025
New research commissioned by Colonial First State (CFS) has highlighted significant disparities between men and women when it comes to retirement preparedness and financial confidence. The findings, based on a survey of 2250 Australians, revealed that ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... deliver considerable benefits to members," Barrett said. Barrett also noted that while APRA said it will magnanimously stop short of outright vetoing appointments, failing to take its feedback on board could see a fund placed under heightened surveillance. ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
ASIC has banned Northern Territory financial adviser Harris Shortland for seven years, following his conviction for supplying dangerous drugs. In December 2021, Shortland was convicted on drug offences after having been arrested in July 2018 for importing ...

Former AMP licensees rebranded as Akumin

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
Entireti has unveiled the go-forward name of its NewCo subsidiary, home to all the financial advice brands previously owned by AMP. The business will now be known as Akumin, "inspired by the professional judgement, discernment and acumen of the experienced ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
Buyers of financial planning practices and client books are becoming more focused on profit, leading acquirers to be much more discerning when it comes to fee per client - but they should continue to trade at a premium to other small businesses. According ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... more stable." "The life insurers (mainly Challenger) sometimes operate at a disadvantage to the banks when competing for short-term funds, and the differences in treatment should be addressed. The illiquidity premium cap over longer terms is too low ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... strategies. Alexander has 17 years' experience in the investment industry having worked as portfolio manager of global long-short equities. Prior to his appointment, Alexander has worked as chief investment officer at BML Funds; head of investments at ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... 2% of GDP - aligned with NATO's target - the US has signalled that Europe needs to spend closer to 4% of GDP in a fairly short period. If the US follows through on its plans to retreat from Europe, there'll be an imperative to do so, Redican said. "This ...