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Showing 51 - 60 of 31877 results for %22New%22

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
AMP is launching a new investment solution to provide bespoke access to global private debt investments in developed markets. AMP said the total volume of institutional assets under management allocated to private debt is estimated to be around US$1.7 ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... of Trust Administration Systems (MTAS) that will come into effect on July 1. For beneficiaries of a trust, there will be a new trust income schedule available from the start of the new financial year. "This is a new form that you lodge with your tax ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... things, they also cannot consolidate their super or make withdrawal requests. The fund also hasn't been able to accept new joiners via its website. It was confirmed last Friday that the outage is the result of an issue with third-party provider Google ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... the two super funds formalised negotiations in February 2023. The $280 billion industry superannuation giant has gained 4800 new members and added $2.43 billion in funds under management because of its merger with AvSuper. ART chief commercial officer ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... that are engaged in these referral arrangements and ensure they comply with financial services laws. Super trustees that gain new members via these tactics should review their processes to ensure they are not benefiting at their expense. "This does not ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... the passage of financial advice reforms through Parliament. FSC chief executive Blake Briggs said: "Digital advice offers new and exciting ways for consumers to access high quality, affordable financial advice. The massive opportunity to deliver financial ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... circumstances for opportunity style investing," DREP fund manager Jason Howes said. Dexus said the capital raise attracted a mix of new and existing DREP1 investors, two-thirds of which were institutional while the remaining third were wholesale. Howes ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... 84,000 members work for Telstra. For this reason, the TelstraSuper board and Telstra concluded that the fund should have a new, "separate identity" from the Telstra Group. "A merger will facilitate the rebranding of the fund," TelstraSuper said. TelstraSuper ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... in FUM. A meeting of unitholders will be convened on May 14 to vote on whether the constitution should be modified, and a new class of units allowed to be listed. At least 75% of unitholders must vote in favour. Fidelity launched its first active ETF ...

Prime Super finds new chief executive

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
Prime Super has appointed former Zurich chief of business transformation Raelene Seales as its new chief executive. The $7 billion industry fund with 140,000 members said Seales will commence on June 3. Seales previously served as Zurich's chief ...