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Showing 611 - 620 of 11512 results for "Point"

QIC beefs up energy team

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024
QIC Infrastructure's specialist energy and utilities practice has appointed three new senior executives to originate new investment opportunities. Paul Maguire, Richard Van Breda and Mark Irwin have taken up senior positions within a business that ...

Hamilton Lane closes largest raise at $8.4bn

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Hamilton Lane announced the final closing of Hamilton Lane Secondary Fund VI with US$5.6 billion (AU$8.4 billion) in commitments, marking the largest fundraise in the firm's history. Fund VI materially exceeded its original US$5 billion target, seeing ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... against the benchmarks disclosed in their product disclosure statements (PDS)," he said. "I just want to emphasise that point - this was about the benchmarks set in the product's product disclosure statements and it was about persistent underperformance ...

AFSLs undertake more reviews, lack risk documentation

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
Most AFS Licensees (AFSLs) are undertaking more reviews of their systems and processes but still lack documentation when it comes to managing risk, according to a new compliance survey. Holley Nethercote's 2024 Compliance Trends Survey reveals AFSLs ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... postcodes with the highest taxable income were: Double Bay (NSW) - $354,308 Cottesloe, Peppermint Grove (WA) - $295,283 Darling Point, Edgecliff, HMAS Rushcutters, Point Piper (NSW) - $269,777 Hawksburn, Toorak (VIC) - $266,020 Bellevue Hill (NSW) - ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... critical operations, including material service providers. "A prudent entity would then use this information as the starting point for an assessment of its operational risk profile," APRA said.

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
A client book full of older clients are fetching a higher premium compared to last year, new advice practice valuations show. The Radar Results June 2024 price guide reveals that books of investment and super clients aged 80+ years old have seen their ...

Funds SA names interim investment chief

ELIZABETH FRY  |  WEDNESDAY, 12 JUN 2024
... Advisors, ISPT and CBRE. Back in 2010, Kempton was appointed Frontier Investment Consulting's associate consultant. At that point, he had worked as a researcher for ISPT, where he was involved in strategy and capital markets research and commercial ...

ASFA partners with First Nations Foundation

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
The Association of Superannuation Funds of Australia has announced a new learning partnership with First Nations Foundation (FNF) to deliver cultural competency training for members. This new partnership will give ASFA members access to FNF's culture ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... as financially savvy and literate as their parents is even harder. Such conversations should not be taking place to the "point of mum or dad dying" or at the point of crisis but earlier in their lives, Inwood told a recent Vanguard event, urging advisers ...