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Showing 41 - 50 of 299 results for "Tranche"

Pengana pauses share buyback

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... contractors to help them purchase company shares at earlier market prices. The loans are split into two tranches. The first tranche, valued at $11 million, covered 11 million shares at an implied price of $1.02 per share. The board expects this first ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes (DBFO) could help. The survey found only 51% of adults have sought out information ...

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
Powerhouse Ventures (PVL) is set to take over Aliwa Funds Management in a bid to expand into micro-cap investing. The ASX-listed firm entered a binding agreement with Aliwa for a consideration of $500,000 made upfront in an all-scrip deal at $0.04 per ...

Cbus advice lead jumps to Aware

ELIZABETH FRY  |  FRIDAY, 6 SEP 2024
... achieve their retirement goals. "Lynda's expertise will also be crucial as we engage with the government on the next tranche of reforms to deliver better financial outcomes."

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... shares at $0.30 each, a 20% premium over its closing price yesterday. It will be executed in two stages, with a first tranche of 10.77 million shares to be completed next week, resulting in Factory Capital holding approximately 17.77% of Finexia. The ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... Financial, and UBS Asset Management that have dedicated SIV products would anticipate the National Innovation Visa to contain a tranche that doesn't steer too far from the defunct SIV. Despite studies from Treasury, the Productivity Commission, and ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
The first tranche of the Delivering Better Financial Outcomes (DBFO) legislation passed both the upper and lower houses yesterday. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill aims to reduce red tape for financial ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... rest of the Bill through the Senate and the House can be facilitated," they recommended. Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is up for consultation until July 8.

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... "real shift" in how its members want to engage with their superannuation, leading it to urge the government to release tranche two of the Quality of Advice Review reforms. The $89 billion industry fund noted a strong demand for digital tools for retirement ...