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Showing 31 - 40 of 299 results for "Tranche"

Brighter Super to buy up Queensland real assets

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
Brighter Super has handed Barings $100 million to acquire real assets in the Sunshine State, the first tranche of its Queensland Investment Strategy. Brighter Super's Queensland Investment Strategy, which was announced in May this year, involves investing ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
Assistant Treasurer Stephen Jones said the purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

360 Capital seeks $20m in capital raise

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
... paid units in the fund at a price of $5.94 per new unit. The capital raising will be available to investors via a two-tranche placement, compromising a placement of 619,600 new units at $5.94 per unit to raise approximately $3.68 million, and a conditional ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... Financial Advice Association Australia (FAAA) warns in anticipation of the looming Delivering Better Financial Outcomes (DBFO) Tranche 2 reforms. Addressing the first day of the 2024 annual Congress, FAAA chief executive Sarah Abood proposed some ground ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... insurance commissions to avoid them being conflicted remuneration. ASIC said it will issue further guidance once the second tranche of the government's DBFO package is legislated. "We will consult with industry before issuing further guidance," ASIC ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... to reduce the cost and the time taken to produce SoAs in that they're being replaced by these RoAs," he said. Under Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms, SoAs will also receive a makeover, while a new class of advisers ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
... The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... transition to the GROW Inc superannuation administration platform from Mercer is set to complete in November, with the second tranche of members transitioning from Link to GROW Inc by the end of the financial years," he added. It has also lowered investment ...