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Showing 421 - 430 of 5002 results for "CAM"

Cbus recruits chief risk officer from Crown

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
Cbus has hired a new chief risk officer from Crown Resorts to replace Wade Martin. Martha Georgiou joins the $90 billion superannuation fund after finishing up as group executive general manager of compliance and regulatory affairs at Crown. Prior to ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
Taxation statistics for the 2021-22 financial year revealed the average superannuation balance fell from $170,000 in 2020-21 to $164,000. The Australian Taxation Office (ATO) released its annual taxation statistics report, showing the total tax revenue ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
The Australian Securities and Investments Commission (ASIC) has issued an interim stop order preventing Hirehood from offering securities under its crowd-sourced funding (CSF) offer document. The CSF was published on the VentureCrowd intermediary platform. ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Equip Super to introduce retirement specialists

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
Equip Super is expanding its retirement support services, adding retirement support specialists for members as well as providing help to non-members. The super fund said it will be establishing a dedicated retirement centre and implementing a fund-wide ...

Annual MAX Awards celebrates best in industry

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
Celebrating 30 years, Financial Standard's Marketing, Advertising and Sales Excellence (MAX) Awards recognised the most influential professionals in the wealth management industry last night. The MAX Awards hosted more than 300 people to honour ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers under the Fair Entitlements Guarantee (FEG) Recovery Program. From 1 July 2024, staff who worked for employers that ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The chief executive of semiconductor manufacturer Broadcom pocketed US$161.8 million in total remuneration in 2023 to be the only boss among S&P500 companies to receive a nine-figure salary, a new pay study shows. Broadcom's Hock E. Tan is the only ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
More than a year on from a Treasury consultation on giving victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals ...