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Showing 631 - 640 of 8223 results for "June"

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... business and cease trading. DW Advisory confirmed to Financial Standard that GigSuper had no obligations to creditors as at June 24. However, potential company creditors whose debts or claims have not already been admitted to DW Advisory can prove their ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... for growth with greater impact." This comes after Stafford confirmed a $220 million mandate with First Super at the end of June. Stafford said its Australian private equity co-investment program with the super fund had been converted into an evergreen ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ART launched the $370 million MIV. Its seed asset was the Switchyard in Auburn, NSW, which will deliver approximately ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... Compensation Scheme of Last Resort (CSLR) will soon charge the advice sector $18.5 million to cover the period July 1 to 30 June 2025. The upcoming ASIC funding levy, which is divvied up among the number of advisers registered as at 30 June 2024, is ...

Clime completes Madison Financial sale

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... previously entered a full form binding sale deed to implement the sale and strategic partnership with the sale completed today, June 28. Clime said the strong cultural alignment will enable a smooth transition for advisers with minimal disruption to ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... H1 2024 and included 16 RSE licensees that managed approximately 42% of APRA-regulated superannuation fund assets as of 30 June 2023. "While some RSE licensees are well progressed in meeting the minimum requirements of CPS 190, the thematic review identified ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... December 2023, Apex had some $206.8 billion in assets under custody and administration in Australia, rising almost 17% since June 2023. According to the Australian Custodial Services Association, this pegs Apex as the seventh largest custodian and administrator ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). At a hearing on June 25, the court extended the time for compliance with some of the disclosure orders that had been made and adjourned the matter. ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023, which contains the new ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... readying to fire the interest rate increase gun, just as the men line up for the 100 metre final in Paris, presuming that June quarter inflation reflects the same trend," Mickenbecker said. "The CPI rose 1% in the March 2024 quarter from 0.6% in the ...