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Showing 371 - 380 of 5375 results for "War"

Svava makes binding offer for Selfwealth, BFG given deadline to counter

MATTHEW WAI  |  MONDAY, 24 FEB 2025
The bidding war over Selfwealth continues as Svava has officially put in a binding offer to acquire 100% of the company at 28 cents per share. The new proposal is a 12% premium to the cash consideration of the $0.25 offer from Bell Financial Group (BFG). ...

SelfWealth juggles takeover bids

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
SelfWealth, the online trading platform, has provided an update as to the bidding war between Bell Financial Group (BFG) and Svava. In the latest turn of events, SelfWealth said it is "actively engaging" with Svava's proposal but reiterated that there ...

Next decade could bring back the conservative portfolio

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Australian Retirement Trust (ART) chief economist Brian Parker told the Financial Standard Chief Economist Forum that investors should be wary of the coming decade, with more volatility expected. "The last 10 to 20 years, we have seen a rising tide ...

Perennial beefs up sales team

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Perennial Partners has made three key appointments to bolster its distribution team and better support its institutional and wholesale marketing efforts. Scott Curtis joins as director for private wealth and family office, based in Sydney. Bringing ...

Colonial First State loses private markets manager

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Colonial First State has confirmed the departure of the senior manager responsible for unlisted investments within the fund's multi-asset team. The financial services giant said Daniel Cheang's last day with the firm was February 14. Cheang's ...

Bragg accuses ASIC of secrecy

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Senator Andrew Bragg has questioned ASIC over how it handles investigations and proceedings against superannuation funds when it comes to claims handling delays. The back and forth with ASIC commissioner Simone Constant consisted largely of Constant ...

CSLR levy pain could hit $123m: FAAA

KARREN VERGARA  |  THURSDAY, 20 FEB 2025
The Compensation Scheme of Last Resort (CSLR) levy could potentially catapult to $123 million in the 2027 financial year, new estimates from the Financial Advice Association of Australia (FAAA) shows. Following the bombshell that the 2026 CSLR levy ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
AustralianSuper has called for a modernised tax system, warning that without reform super funds will at the very least be bogged down by complexity and compliance costs - and likely left at a competitive disadvantage that could drag on returns. In its ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... else, it rises to about 17%. This is a marked change. We're going back to a period we have not seen since the pre-World War II," she said. On February 1, Trump announced a 25% tariff on imports from Canada and Mexico, and a 10% tariff on China. What ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... announcements, particularly around tariffs. "One thing the market is taking very seriously is Trump's attitude to tariffs. A trade war would prove damaging for the economy and bad for business and share markets," he said.