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| | | ... and technical update at the SMSFA National Conference this morning, chief executive Peter Burgess said the association has run the numbers and it doesn't believe it can succeed in having the "completely unnecessary" reform scrapped. He said the association ... |
| | | | ... reveals that 66% of the illegal early access relates to individuals who are entering the system with no genuine intent to run a self-managed super fund. Between 2019 and 2020, some $381 million of super was illegally accessed. For the 2020-21 period ... |
| | | | Australians are not underspending in retirement and are typically exhausting all their savings, research shows, sparking a call for advice reforms to be expedited, allowing contributions to be made in retirement, and no mandated use of annuities by ... |
| | | | Magellan Financial Group is hopeful new managing director Sophia Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management (FUM). Currently ... |
| | | | ... Verwey said. "NGOs have an appetite for running shareholder advocacy campaigns, they just haven't had the resources to run them. "NGOs can focus on the pointy end of the campaigning. By working with SIX, they're getting the message out there ... |
| | | | ... can also customise its reports with their own company logo. The tool, known as dPI, is customisable, allowing advisers to run and compare a portfolio's performance and exposures, as well as compare it to a suggested portfolio and/or benchmark. The ... |
| | | | A Queensland man has been charged with nine offences and is facing imprisonment for running a financial services business without a licence. The charges were filed after an investigation by ASIC, which discovered that Aryn Hala had made promises to ... |
| | | | After being rebuked by ASIC for operating without an AFS Licence, iExtend is now running under a Corporate Authorised Representative (CAR) arrangement for the interim. A CAR enables iExtend to act as an agent of an AFS Licensee, meaning it is authorised ... |
| | | | Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ... |
| | | | After a 15-year stint at Merricks Capital, Adam Davis is launching his own global agricultural commodities hedge fund, Farrer Capital (Farrer). Based out of Melbourne, the group, named after renowned English Australian agronomist and plant breeder William ... |
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