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Showing 391 - 400 of 2816 results for "Division"

Iress unveils major restructure, new leadership

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... executive of Managed Portfolio, and former Mine Super chief executive Harry Mitchell will head the Wealth Management division. Additionally, Iress has appointed Ana Smith as chief transformation officer, former Credit Clear chief executive David Hentschke ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... support her claims, and then used that fake information to induce JPMC to enter into a $175 million transaction," SEC Division of Enforcement director Gurbir S. Grewal said. "Even non-public, early-stage companies must be truthful in their representations ...

RFI Global takes on DBM's Atlas division

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Two Australian financial services data and insights firms have joined forces, following the acquisition of DBM Atlas by RFI Global. Founded in Melbourne, DBM Atlas, a subsidiary of the Illuminera Group, is a local specialist in research and insight ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... is one recommendation that would result in a saving of $1.6 billion annually and affect 1.3 million taxpayers. Raising Division 293 tax from 30% to 35% and lowering the income threshold from $250,000 to $220,000 per annum would restrict contributions ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... a specific fund if they hold multiple accounts. This tax remains separate from personal income tax, like the existing Division 293 tax. Should the proposed increase in the concessional tax rate be implemented as planned in 2025-2026, it would affect ...

BT Super, Mercer merger completes

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2023
... superannuation offerings, including shutting down the Retirement Wrap RSE and transferring all funds to Asgard Independence Plan Division Two.

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... - Aracon Super holds $590 million in assets for over 3000 members. Though last year, FairVine Super, a smaller fifth division of Aracon Super, shut due to significant sustainability issues that jeopardised members' best interests. It's understood that ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... warning to anyone in the digital asset world that the CFTC will not tolerate willful avoidance of US law." CFTC enforcement division principal deputy director and chief counsel Gretchen Lowe further added the defendants' emails and chats reflect ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... underpins BT Panorama Super. Effective April, all BT Panorama Super members will be transferred to Asgard Independence Plan Division Two. The merger with Mercer is expected to have been completed at the same time. BT Panorama Super will remain, simply ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... "Increasing flexibility in how parents share their weeks of paid parental leave supports families to make decisions around the division of paid and unpaid care within their household." Paid parental leave is a significant tool to promote gender equality ...