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| | | Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the Organisation for Economic Co-operation and Development (OECD). ... |
| | | | Clime Investment Management is selling its separately managed accounts (SMA) products and some managed funds for about $7.7 million to an unnamed party. The cash transaction is subject to platform consent, due diligence and completed documentation. ... |
| | | | The insurers were recognised for excellence in adviser service and product innovation. At an event in Sydney last night, NEOS took home the 2026 Life Insurance Award for Excellence in Adviser Service, presented by Financial Standard. NEOS was selected ... |
| | | | ASX has appointed group executive markets and listings Darren Yip as interim chief executive, as the exchange continues its search for a permanent leader. Yip will assume the role, effective May 29, following the earlier announcement that chief executive ... |
| | | | ... industry feedback, these changes aim to provide targeted, administratively efficient solutions for regulated entities that maintain material arrangements with NTSPs, while preserving the core objectives of operational risk management," APRA said. APRA's ... |
| | | | ... Norman continued. "That will help us scale in a disciplined way, continue delivering high-quality service to clients, and maintain the strong compliance and governance standards that are central to our business." |
| | | | As part of a consortium, Macquarie Asset Management is selling its stake in Cleco, an electricity utility firm in the US, to Stonepeak and Bernhard Capital Partners. The consortium includes Macquarie Asset Management, British Columbia Investment Management ... |
| | | | Team Super members have been blocked from making online investment switches due to a "technical issue" stemming from a technology partner. Team Super confirmed to Financial Standard it is in the process of fixing the issue but did not specify which ... |
| | | | ... authorise finfluencers to have adequate, documented arrangements in place to actively supervise their conduct, and to maintain records of that supervision. "Licensees remain responsible and liable for what their representatives say and do online," Kirkland ... |
| | | | ... any change to the performance test must uphold member outcomes as the core purpose of the test. Secondly, changes must maintain an objective standard or benchmark for fund performance. And third, any changes must be enduring to set the test up for long ... |
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