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Showing 771 - 780 of 4925 results for "MIS"

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
Vanguard chief executive and chair Tim Buckley has announced his retirement, set for the end of 2024, after three decades at the investment manager. Vanguard's board of directors is actively searching for Buckley's successor, considering both ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

GBST upgrades WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
GBST has enhanced its WealthConnect platform, introducing the capability to model interactive superannuation, pension, and self-managed super fund (SMSF) strategies. In May 2023, GBST acquired WealthConnect from Creativemass, a financial software provider ...

Aware, Macquarie partner on green finance

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Aware Super has inked a US$50 million deal to buy a specialty infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital ...

Jo-Anne Bloch to chair CSLR

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
Former Financial Planning Association of Australia (FPA) chief executive Jo-Anne Bloch has been appointed by the Albanese government to lead its Compensation Scheme of Last Resort (CLSR). The scheme, which officially kicks off on April 2, aims to give ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Representatives from the Super Members Council (SMC) met with assistant treasurer Stephen Jones to explore strategies for bolstering customer service. Industry super funds, in collaboration with the SMC, initiated a roundtable discussion last week with ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

Wingate-backed non-bank lender prices $1bn RMBS

CHLOE WALKER  |  MONDAY, 26 FEB 2024
A local non-bank mortgage lender, backed by Wingate, has priced the largest inaugural residential mortgage-backed securities (RMBS) public term issuance of its kind as it readies to launch a retail fund. The transaction is said to be the largest inaugural ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ...