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Showing 451 - 460 of 4734 results for "July 1"

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
The Albanese Government has appointed Ruth Owen as the new inspector-general of taxation (IGT) for a five-year period commencing on 15 July 2024. Owen brings a wealth of experience in tax, public sector reform, complaints management and dispute resolution ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
The government committee tracking the implementation of the Delivering Better Financial Outcomes (DBFO) reforms emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
As AustralianSuper, Australian Retirement Trust (ART), and Aware Super continue to dominate the superannuation sector in terms of total assets, the smaller players are becoming serious contenders. New APRA statistics show that AustralianSuper had more ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Global X ETFs will reduce the annual management fees for its Global X 21Shares Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland issued a blunt warning to licensees not meeting their obligations. Speaking at an industry event, Kirkland said the regulator has spent two years warning licensees to ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
APRA says there is room for improvement when it comes to trustees' oversight of unlisted asset valuations, finding most super fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
J.P. Morgan Asset Management (JPMAM) and iCapital have launched a new Australian domiciled fund designed to afford wholesale investors access to small to mid-market private equity opportunities. The fund, managed by iCapital, and will invest in an underlying ...

TAL appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
TAL has appointed Fiona Macgregor as its new group chief executive and managing director, effective 1 October 2024. The appointment follows the promotion of TAL's current chief executive Brett Clark to the role of chief executive and managing director ...

NRF appoints inaugural chief investment officer

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The National Reconstruction Fund Corporation (NRFC) announced Mary Manning has been appointed as the organisation's inaugural chief investment officer. Manning will oversee investment strategy and portfolio management for the $15 billion fund, which ...

Australian Retirement Trust people chief to depart

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
Australian Retirement Trust (ART) has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year. The superannuation fund's business partnering lead Kylie Robinson will step into the role in an ...