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| | | Treasury's clampdown on tax concessions for superannuation balances greater than $3 million has been laid out in its draft legislation and is now opened for consultation. From 2025-26, the proposed law states that for members with total superannuation ... |
| | | | TelstraSuper has promoted a long-standing investment professional to the head of investment strategy. The high-profile David Schneider - who currently runs asset allocation with responsibility for strategic and dynamic asset allocation - will take up ... |
| | | | ... believes the acquisition would provide strategic benefits to both entities, it said it has little confidence in the process being run. Regal said this is based on the way in which a reaffirmed proposal, issued this month, has been received. "For these ... |
| | | | Too much power has rested in the hands of PwC chief executives, who are elected in a presidential-style campaign and, other than maintaining popularity, have unchecked authority, an independent review has found. The report by former Telstra boss Ziggy ... |
| | | | Datt Capital is targeting self-managed superannuation fund (SMSF) investors with the launch of a new small caps fund. Investing in the 'blue chips of tomorrow', the Australian Small Companies Fund has been developed after the manager identified attractive ... |
| | | | ... Announcing the appointment, CFS Group executive chair Rob Coombe said now is the right time to appoint a group chief executive to run the overall day to day business. He said it is consistent with the plan that was put in place with shareholders in 2021 ... |
| | | | ... unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run of consecutive rate hikes, the Monetary Policy Committee (MPC) noted a 0.5% decline in the UK's gross domestic product (GDP) ... |
| | | | The regulator is seeking feedback on improving the effectiveness of hybrid capital bonds amid concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges ... |
| | | | ... million. "When the economy is slowing, asset managers tend to merge and cut funds, focusing on core strategies, which means those run by female portfolio managers could come under increased pressure," the report said. Evidently, it uncovered a decline ... |
| | | | Despite returning over 40% last financial year, Perpetual is terminating a six-year-old global equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in ... |
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