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Showing 371 - 380 of 2795 results for "Free"

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... is divesting 80% of its equity interest in the stockbroker to New Quantum Holdings, leaving Sequoia's balance sheet debt-free and with net working capital of $10.5 million. The transaction is supported by US-based hedge fund Beaconsfield Capital. New ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... flexibility, as beneficiaries can be dependent or non-dependent, and any legal entity, including charities can receive funds tax-free upon death, Hackett said. The proposed changes to the super system have sparked discussions about alternative investment ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

Bridgewater to restructure, pushes for global expansion

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... currently stands at around 1300 employees. Bridgewater chief executive Nir Bar Dea said that the restructuring was necessary to free up resources and cut costs as the firm moves towards a more offensive strategy. This move is part of a larger trend in ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... cannabis companies. It is looking to exit Weed Me, a craft cannabis producer based in Canada and HGV's largest investment to free up about $11 million. Overall, the portfolio's net asset value dropped by 40% for the period. Outside of cannabis-related ...

What "wealthy" means to Australians: AMP

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Australians' definition of wealth has evolved from homeownership to financial flexibility for pursuing passions and supporting loved ones. According to a report by AMP and demographer Bernard Salt ' What wealthy means to Australians in 2023 ...

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
The new low-carbon, enhanced indexing mandate will see Robeco responsible for more than 20% of the super fund's international equities investments. NGS Super chief investment officer Ben Squires confirmed to FS Sustainability the mandate is for ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... divestment of Fund Solutions (which operates LFSL) to Waystone Group, has progressed. Should the sale proceed, Waystone will be free of any Woodford-related liabilities. Waystone has until the end of March 2023 to conduct its due diligence. If the divestment ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...