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Showing 771 - 780 of 6679 results for "Sale"

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... provided by an individual and either the client pays a fee for the advice or the issuer of the product pays a commission for the sale of the product to which the advice relates. In all other cases, personal advice can be provided by a non-relevant provider. ...

Alternatives fund manager names sales lead

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
Boutique fund manager Jameson TTB appointed a distribution director to a newly created position in a bid to expand the recently rebranded firm. Matthew Afflitto joined Jameson TTB this month after working as an investment specialist and business development ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... provided by an individual and either the client pays a fee for the advice or the issuer of the product pays a commission for the sale of the product to which the advice relates. In all other cases, personal advice can be provided by a non-relevant provider. ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
AMP has completed the sale of the Collimate Capital international infrastructure equity business to DigitalBridge Group. AMP realised $582 million from the sale, including a $521 million cash payment received from DigitalBridge, $57 million from retained ...

HUB24 appoints chief people officer

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
HUB24 has welcomed a new chief people officer in Amy Rixon. Rixon joined the group executive team yesterday and has over 20 years of leadership and HR experience. Most recently, she held the position of chief people officer at Frucor Suntory. While ...

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
APRA has made changes to the structure and responsibilities of its executive team, making several appointments including a new executive director, superannuation. Last year, APRA promoted Therese McCarthy Hockey and Suzanne Smith to the role of member. ...

Pella broadens horizons, launches UCITS fund

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
Pella Funds Management's offering is gaining traction abroad, with the Sydney-based firm launching a UCITS fund in Europe. Pella has launched the Pella Global Securities Sustainable Fund, domiciled in Luxembourg. It applies the same strategy as its ...