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Showing 431 - 440 of 1347 results for "Grant"

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... in reducing downtime, cut maintenance costs, improving safety and environmental impact. ABB head of technology ventures Grant Allen said: "We have long been aware of the value of wireless sensing for condition monitoring and predictive maintenance but ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
The prudential regulator is imposing tougher measures for interested buyers' ability to acquire stakes in superannuation funds. From 5 July, any party seeking to acquire a stake greater than 15% in an RSE must ask APRA for approval. APRA said the ...

Super startup taps new investors

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
... the Tidswell Master Superannuation Plan and was launched in March 2018 by Olympic medalist and former investment banker Grant Brits. "We are a venture capital firm, so we are typically looking at a return of five to 10 times on our investment over a ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
A growing community of like-minded financial advisers is adding its voice to calls for advice to be deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with ...

APRA flexes new muscles

HARRISON WORLEY  |  WEDNESDAY, 22 MAY 2019
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty. The move comes after IOOF ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
Australia's big banks are well placed to defend their position against fintechs hoping to disrupt the industry, according to a new report from Moody's. While fintechs may be seen to pose a growing threat, large banks have the financial resources to ...

Advisers forgo charitable conversations: Poll

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
Many financial advisers intend to incorporate charitable giving in the advice process, but the majority still do not broach the topic with clients, a Financial Standard survey shows. More than half (54%) of the financial advisers polled do not have ...

ASIC catches illegal dual licensees

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
Fifty-eight Australian financial services (AFS) licensees have had their authorisation revoked after ASIC found they were also authorised representatives of other AFS licensees. ASIC has revoked authorisation of these dual licence holders after an investigation ...

QIC eyes internet infrastructure company

KANIKA SOOD  |  MONDAY, 6 MAY 2019
The $85 billion manager made an indicative proposal to acquire an ASX-listed internet infrastructure company. Superloop granted QIC an exclusive due diligence period of three weeks starting April 28, after receiving an indicative offer on April 2 for ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... invested in foreign exchange and futures commodities when they were not licensed to do so. Courtenay House liquidators, Grant Thornton, said in its report to the Supreme Court of NSW in November last year that Courtenay House was operating a ponzi scheme. ...