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Showing 731 - 740 of 4498 results for "Reach"

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Australian Securities Exchange (ASX) is confident that it can restore stakeholders' trust and get its fundamentals and governance right as it lays out a five-year plan to rectify ongoing issues. ASX managing director and chief executive Helen ...

Geoff Lloyd to chair Stake

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
Former Perpetual and MLC chief executive Geoff Lloyd has been appointed as chair of Stake. In October 2020, after a two-year tenure at the helm of MLC, Lloyd departed following the company's agreement to be acquired by IOOF. This period also marked ...

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... 500,000 members. Last year, former CareSuper chief executive Julie Lander revealed plans to consider merger partners to reach a target fund size of $50 billion. A few months later in November, CareSuper and Spirit Super initiated a non-binding Memorandum ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... transferred $13 million to unions in the 2020-21 financial year. Further, he noted that these transactions are forecast to reach $30 million by 2030. "These payments are not solely for 'directors fees'," he said. "This is an illegal scheme designed to ...

BT upgrades platform functionality

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
BT is updating features of its Panorama platform that include improvements to reporting and document-tracking features. The reporting feature introduced last October 2022 will now allow financial advisers generate the same set of reports for potentially ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
MySuper assets have reached a new high of $964.5 billion thanks to the mandatory increase in superannuation contributions and market recovery. The year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
Investors are poised to benefit from long-term investments in the minerals and technology needed to reach net zero, a global ETF provider has revealed. Global X ETFs Australia outlined the major exchange traded fund (ETF) investment megatrends - highlighting ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... regard to the risks and features of their products," it explained. "Issuers also need to consider how their product will reach the target market and have appropriate distribution conditions in place to ensure the product is directed towards the target ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
One year since ASIC forced finfluencers to obtain a general advice licence or else, finfluencers playing by the rules are reaching financially illiterate and disengaged Australians in a way that traditional advice has failed to. Finfluencers backed ...