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Showing 731 - 740 of 10514 results for "SET"

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... until February 28. The 2026 financial year CSLR levy estimates have blown out to $77.9 million. The financial advice sector is set to pay $70.11 million - which has blown out of proportion with the sector cap of $20 million. This is largely due to the ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
ASIC has officially commenced an investigation into the ASX outage that occurred in late December. On 20 December 2024, the ASX experienced a "technical issue" on its CHESS Batch Settlement that disrupted and delayed several days' trade settlements. ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Jun Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, TenCap. On February 1, the Tribeca Alpha Plus Fund became the TenCap Alpha Plus Fund following Liu's separation ...

Anthony Doyle joins Schroders as director

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025
... investment specialist. Until 2019, Doyle was based in the UK for a decade working for global asset manager M&G Investments where he set up the investment specialist role and led a team across fixed income equities, multi-asset and property. Prior to ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... never an employee. As a result of his pleas, Torre is remanded in custody until February 7 and a sentence hearing has been set for June 9. The matter is currently being prosecuted by the Office of the Director of Public Prosecutions following the referral ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Financial Services Council (FSC) chief executive Blake Briggs has said the regulatory pendulum for the superannuation, funds management, and financial advice sectors has swung too far over the last decade under successive governments. It's time for ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... financial advice, while also maintaining strong consumer protection for members." Doyle added that, with super contributions set to be included on the Parental Leave Pay scheme from July 2025, it is important that the government consider ways to help ...

VFMC wraps up leadership changes

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... structures," he said. Clarke said he was "delighted" to finalise the leadership evolution of the investment team, saying VFMC is well set up for the future. "It is particularly pleasing to be able to promote from within, given the strength of the team," ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... Meanwhile, contribution caps are determined by a different measure, the average weekly ordinary time earnings (AWOTE), which is set to be released next month. Chow said the most recent AWOTE figures suggest it is unlikely contribution caps will increase ...

AFCA chief operating officer departs

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... (AFCA) has announced that chief operating officer Justin Untersteiner will be departing, effective March 14. Untersteiner is set to take up the role of chief executive of the Australian Health Practitioner Regulation Agency (Ahpra). "We congratulate ...