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Showing 711 - 720 of 4973 results for "Limit"

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
Former APRA chair Geoff Summerhayes has been appointed as chair of Zurich Financial Services Australia (Zurich). Summerhayes boasts an impressive track record in financial services as former executive board member of APRA and as chief executive of Suncorp ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
MLC Life Insurance has appointed David Stephen as an independent non-executive director on its MLC Limited board. Stephen will also serve as chair of the board risk committee, replacing Andy Cornish who after seven years is retiring. With over 35 years ...

Global X to launch Covered Call ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... thrived in the recent volatility, but covered calls look to be well positioned," Global X said. "Covered call strategies limit upside potential in high growth markets but generate income through the premiums received on option writing. As option premiums ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... funds and small APRA-regulated funds would be amending both to a factor-based approach. If amended, both would have an upper limit on the amount of fund income taxable as NALI due to a general expenses breach. "The maximum amount of fund income taxable ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... and number of balances with $5 million plus is likely to be only a small fraction. "As result, any move by policymakers to limit superannuation tax concessions to super fund balances less than $5 million will at best only be symbolic. It will impact ...

Stafford Capital Partners launches new fund

CHLOE WALKER  |  WEDNESDAY, 18 JAN 2023
Stafford Capital Partners has launched its fifth Stafford Infrastructure Secondaries Fund (SISF V). The fund has a $2 billion target and seeks to provide access to a diversified global infrastructure portfolio, with core infrastructure risk predominately ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The Consumer Price Index (CPI) in the US dropped 0.1% in December, according to the Bureau of Labor Statistics. Inflation in the US has risen 6.5% over the past year, but the latest data also shows a cooling trend for the sixth consecutive month. US ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
CBRE Investment Management has welcomed Melbourne-based Sandy Padilla to the role of APAC head of research. Padilla recently served as senior director within the APAC research team, with a focus on Pacific markets. She joined CBRE Investment Management ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...