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| | | ... stands even if an employee earns more than $450 in a month, but the income is derived from more than one part-time or casual job. As such, the removal of the measure was welcome news for the superannuation industry, which described the threshold as anything ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ... |
| | | | Only 27% of candidates who sat the latest Chartered Financial Analyst (CFA) level one exam passed. The November exam, which had 28,170 aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May ... |
| | | | J.P. Morgan Asset Management's local head of funds business has tendered his resignation after nearly a decade with the firm. Head of the funds business for Australia and New Zealand David Hallifax will pursue other opportunities, the asset manager ... |
| | | | Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ... |
| | | | ... weren't one of the lucky ones. "The sting in the tail with these upbeat investment results is that it shows if you have a job, superannuation and you own or are paying off your home, despite the COVID-19 pandemic, you did pretty well last year, at ... |
| | | | Pinnacle Investment Management shuttered one of its affiliates just two years after it acquired a stake. Reminiscent Capital, a discretionary Asian macro strategy, folded in November 2021, resulting in a $1.8 million write off. Pinnacle hoped that Reminiscent ... |
| | | | Cbus and Dexus have executed agreements to acquire a 33.3% interest in the Jandakot joint venture, which holds the Jandakot Airport and industrial precinct in Perth, Western Australia. Jandakot Airport is the major general aviation airport in Western ... |
| | | | ... purpose. The industry has until February 1 to provide feedback. At the crux of the proposals is appropriately recognising on-the-job experience of advisers. SAFAA chief executive Judith Fox welcomed the proposed pathway that recognises knowledge, experience ... |
| | | | ... to be revealed, but AIC confirmed El-Ansary is departing after eight years as chief executive. "Yasser has done a terrific job as our chief executive. He has been instrumental in designing and implementing front-line industry leadership positions on ... |
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