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Showing 581 - 590 of 12167 results for "May"

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... financial advice on 1 January 2026," ASIC commissioner Alan Kirkland said. "It's possible that some of these relevant providers may be eligible for the experienced provider pathway, but their AFS licensees are yet to advise us of that. "It is crucial ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... third-party performance assessments every three years, covering boards, committees, and individual directors. "While there may be increased compliance costs for some entities, the positive impact to improved governance could result in long-term reduced ...

TWG Global to acquire LA Lakers: Reports

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... sports franchises already includes the LA Dodgers and Chelsea FC, as well as an existing stake in the LA Lakers. In early May, TWG Global made a 5% investment Mubadala Capital, the sovereign wealth fund of Abu Dhabi. Under the deal, Mubadala will anchor ...

Global X scales higher on the ETF issuer podium

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... ETF issuers. "The ETF industry is on track for its busiest year, fuelled by record flows of $19.2 billion as at the end of May, with growing interest in ETFs," Zaika said. "This has helped boost Global X's AUM to grow to more than $10 billion, as more ...

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... in assets. "Sophistication matters in compensation, not classification. If a complaint is upheld, investor sophistication may reduce compensation but does not alter the retail classification," AFCA said. Separately, AFCA began accepting complaints relating ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... years old will generally see a decrease in premiums for death and TPD premiums from 1 July 2025, while members over age 40 may experience an increase. This is the same for the Wolters Kluwer Superannuation Plan. Premium rates for death and TPD cover ...

US-Iran tensions send markets into panic mode

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... nation, US President Donald Trump's rhetoric suggests the potential for further action. "From Israel's perspective, it may push for additional US support to ensure Iran's nuclear program remains crippled and a more friendly regime in Iran is installed," ...

Perennial Partners buys Melior stake

MATTHEW WAI  |  MONDAY, 23 JUN 2025
... Australian Impact Fund has over $150 million in assets under management and has returned just over 8.3% in the 12 months to May 31, on par with the ASX300 benchmark (8.3%).

Productivity woes endure in March quarter

ANDREW MCKEAN  |  FRIDAY, 20 JUN 2025
... sacrificing study, rest, or time with loved ones just to maintain their standard of living," she said. "For example, people may need to work more just to keep up with rising house prices, which has outpaced wage growth over a long period of time." She ...

Australia progresses climate transition disclosures, planning

KARREN VERGARA  |  FRIDAY, 20 JUN 2025
... energy bills, and lower emissions by boosting renewable energy. The study also found that real-economy decarbonisation in APAC may slow if governments continue to provide fossil-fuel subsidies. "These subsidies can distort markets by keeping fossil-fuel ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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