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Showing 31 - 40 of 3517 results for %22November 2012%22

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... average weekly ordinary time earnings (AWOTE). The ABS reported the AWOTE rose 4.5%, seasonally adjusted, in the year to November 2023 - much more than the 0.07% needed to trigger a change in the contribution caps. From July 1, the concessional contribution ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... of RSE licensees to mobilise financial resources for addressing and remedying the impacts of operational risks. On 14 November 2022, APRA released a discussion paper on potential changes to operational risk financial requirements which are set out in ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... board as Magellan shifts from a founder-led model to more conventional structures typical of listed fund managers. As of November 2023, the composition of the six-member board boasted five non-executive directors, among whom three possess "relevant" ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... a strong balance sheet and recycle capital into other opportunities, such as its committed development pipeline. "In November 2023, we achieved final completion of the AMP Capital platform acquisition, and we will be fully integrated by June 30. We have ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... as chair of the life insurance start-up. The appointment comes as iExtend is in the throes of applying for an AFSL; in November it entered an enforceable undertaking with ASIC after it was found to be operating without one. For the time being, iExtend ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... and a facility for making a financial investment under the law, ASIC explained. The Earner product was discontinued in November 2022, just eight months after its launch, when the proceedings were first lodged by ASIC. ASIC viewed it as a 'test case' ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
... "Remaining unit holders will be notified of distributions, if any, and the details of the final proceeds," Beasley said. In November, EQT shuttered a fund offered by Kaplan Funds Management, noting its purpose could "no longer be accomplished." The KFM ...

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... activities of Joseph Cullia and Zoran Markovic, which alleged that they operated fraudulent investment websites between November 2020 and July 2021 under various names. The website operators used two legitimate AFS Licences without their knowledge or ...

Vale Jason Milosevski

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2024
... the dealer group's expansion efforts in the state and recruiting more than 100 advisers over a five-year tenure. In November 2020, he joined PPS Mutual as a senior business development manager where, in addition to maintaining adviser relationships ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... reactivated online investors now include international shares in their portfolios, an increase from 25% in May 2023 and 23% in November 2022. Investment Trends head of research Irene Guiamatsia said dormancy rates have decreased notably from six months ...