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Showing 531 - 540 of 5863 results for "July"

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... an overhaul of its business model. Donat said she decided to step down after three years in the top job. Her final day is July 31. Before Clime, Donat led Madison Financial Group as chief executive for more than four years and was previously its responsible ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... (MGF) has converted to an open-class structure that will soon trade as an active exchange-traded fund (ETF) on the ASX. On July 10, the New South Wales Supreme Court approved to convert the fund from a closed-class unit to an open-class structure. The ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... head of technical strategy and TapIn John Perri said. "With the reduction to personal income tax rates and thresholds from July 1 this month, many Australians have benefitted from bringing forward deductions such as by making personal deductible contributions ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... guidance, through to comprehensive advice. Liz McCarthy is becoming chief executive, MLC Expand. She will join the business on July 29, leaving behind her current role as chief executive of OneTwo Home Loans. McCarthy, who be oversee the wrap platforms ...

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... billion, while net income increased by 19.2% to $775.8 million. It paid out $441 million to 52,375 members. Applications close July 26.

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... infrastructure across mainland National Electricity Market states. The transaction is expected to reach financial close in early July 2024 and HMC remains on-track to commence fund raising in 2H 2024 for its inaugural Energy Transition Platform which ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... responsible for Sequoia Wealth Management and Sequoia Asset Management, is now overseeing Sequoia Specialist Investments. On July 1, the Takeovers Panel declared that the rogue shareholders, which include Glennon Capital, were not transparent about their ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... decisions, particularly around expenditure, are made with members' best financial interests in mind. SPS 515 comes into effect 1 July 2025. Setting out clear expectations around expenditure, the enhanced guidance sets out design principles for a robust ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... a one-year return of 8.67% over the last financial year. This exceeds its long-term average annual return of 8.29% since July 1988. For its pension members, the default balanced investment option returned 7.56%. The standout, however, was Rest's low-cost ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... strategies and failed to integrate this mandate into their business plans. The Retirement Income Covenant, which was mandated on 1 July 2022, requires trustees to design a strategy for retirees that maximise expected retirement income, manage risks related ...