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Showing 401 - 410 of 4276 results for "Yesterday"

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... O'Neill'smotion to set up an inquiry into the agency through the Senate Legal and Constitutional Reference Committee was approved yesterday. O'Neill wants the government to look into what she refers to as the failures of Australia's anti-money laundering ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
Washington H Soul Pattinson will pay about $4 billion for a scrip merger with LIC Milton Corporation, as it chases liquidity for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... some saying it will lead to worse outcomes for members. The Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will delay benchmarking and stapling until November. The Australian Institute of Superannuation Trustees ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... suggested that it was suspicious that Hanson had recently turned 67 herself. "The amendment Senator Hanson circulated yesterday had one objective - to give a generous tax concession to high income earners, in other words a pay rise, 67-years of age or ...

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... its investment team, with the specific skill sets of identifying good external managers. Appearing at senate hearings yesterday Future Fund chief executive Raphael Arndt and chief investment officer Sue Brake confirmed the additional hiring. The Future ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The rise of ethically minded financial advisers has reached the point where clients have been sacked because they do not align with their values. This is according to Zurich risk strategy specialist Adam Crabbe, who is seeing a shift in the emergence ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Unitholders in the Monash Absolute Investment Company (MA1) yesterday voted in favour of converting the LIC to a listed open-ended fund. The Monash Absolute Investment Company (MA1) last year initiated the process to convert from the closed-ended structure ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
APRA has given IOOF the go-ahead to take over MLC's superannuation business. Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Labor senators' dissenting report on Your Future, Your Super reforms published yesterday says the opposition can't recommend the Bill passes in its current form for reasons including its rushed start date. Senate Economics Legislation released ...