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Showing 4191 - 4200 of 29064 results for "PRI"

Aware Super acquires stake in UK developer

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
Aware Super has purchased Qatari Diar's stake in UK build-to-rent developer (BTR), Get Living, acquiring a 22% stake in the company. Aware will join forces with existing investors APG and residential investment vehicle, DOOR, who both hold a 39% ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
The government has opened consultation on its proposal to increase the concessional tax rate for superannuation balances over $3 million. Under the proposal, individuals with super balances over $3 million would see their tax rates on earnings double ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
According to new data, 80% of Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry ...

BT Super, Mercer merger completes

JAMIE WILLIAMSON  |  MONDAY, 3 APR 2023
Mercer has officially taken on BT's personal and corporate superannuation products, as well as Advance Asset Management, entering the big leagues with about $63 billion in assets. The finalised merger brings the total member count for Mercer Super ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
A Retail Market Conduct Task Force report, issued by IOSCO, has revealed a series of escalating threats to retail investors. The findings will shape ASIC's strategic priorities concerning retail investor harm, focusing on crypto assets, sustainable ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
As fund research plays a critical role in helping financial advisers make conflict-free product recommendations, what bearing do rating houses have in helping them meet their obligations? According to Main Street Financial Solutions principal and private ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
AMP anticipates it will receive a first strike on its remuneration report following disgruntled shareholder feedback at this morning's annual general meeting. Based on votes that were already cast, AMP chair Debra Hazelton said while "the first strike ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
Businesses with 100 employees and over will need to report their gender pay gap from next year, following the passing of an equality bill in federal parliament. The government yesterday passed its Gender Pay Gap Bill which will enable half a million ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
Gold Coast-based financial adviser Jeneve Matai has been banned from providing financial services for four years. Matai, an authorised representative and financial adviser of National Advice Solutions, was banned by ASIC in December last year for failing ...

Australian Retirement Trust names investment strategy lead

ELIZABETH FRY  |  FRIDAY, 31 MAR 2023
Damian Lillicrap, ART's head of strategy for the QSuper portfolios, will depart the fund after 13 years. His departure follows the appointment of Andrew Fisher as head of the investment strategy for both the super savings and QSuper portfolios. ...