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Showing 541 - 550 of 4874 results for "FAR"

Selfwealth chief in sudden exit

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
The chief executive of online trading platform Selfwealth has left the ASX-listed firm with "immediate effect". Cath Whitaker vacated the top job she assumed in April 2021. Paul Cullinan, currently the interim chief financial officer, will assume the ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... months of withdrawal limits, Blackstone shared some positive news and said June was the lowest month of repurchase requests so far this year. "In June 2023, BREIT received $3.8 billion in requests under the Repurchase Plan, which is 29% lower than the ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... than 300 banks, insurers and super trustees' compliance with CPS 234 Information Security by the end of the year. It has so far assessed 24% of entities, finding several concerning gaps, it said. Firstly, it found varying levels of maturity pertaining ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... long-term performance that's top tier when ranked against our peers." Of the industry funds that have reported results thus far, Australian Retirement Trust takes the lead with a 10% return, while Cbus and AustralianSuper trail with 8.95% and 8.22% ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The disgraced director of Select AFSL, the company the Hayne Royal Commission exposed for hawking life and funeral insurance to vulnerable customers, has been banned from managing a company for five years, while his companies were fined $13.5 million. ...

Warakirri buys almond farm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
Warakirri's Diversified Agriculture Fund has made its first exposure to the nut complex, purchasing an almond farm in Victoria. In a $30 million off market deal, the fund's sixth investment is in the Sunraysia region on the Murray River and is one of ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... particularly given the recommendations from the recent review of the industry funding model haven't been implemented and there's far less financial advisers in the industry today. "We do acknowledge the government has accepted some recommendations that ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... really hard to get our internalised strategies up and running, whether it's equities, real assets, or cash and credit. Thus far that's contributing meaningfully to boosting net returnsby bringing overall fees down and we continue to be on that ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
As Baby Boomers exit the workforce, all wealth industry participants need to rise to the challenges and opportunities presented by the great intergenerational wealth transfer, AUSIEX chief executive Patrick Salis says. According to AUSIEX's latest research ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... The misconduct has resulted in Blackaby and Capstone undertaking a remediation program for Blackaby's clients, which has so far seen more than $500,000 paid back to clients whose records were not sufficient to ensure they'd received the services owing ...