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Showing 801 - 810 of 6208 results for "SIX"

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... only 50% of trustees said they do this already. From 2023, all trustees will be required to report IDR data to ASIC every six months. In August, the regulator released preliminary findings of the review, saying at the time that some trustees were also ...

Ausbil chief executive to retire

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... retire next year, with the equities manager naming his replacement. Youngman will step down in the third quarter of 2023 after six years in the role and eight years at the firm. "It has been very satisfying to work closely with our clients, both domestically ...

Pallas Capital, Credit Suisse launch NZ funding trust

CHLOE WALKER  |  MONDAY, 5 DEC 2022
... having now made a total of 72 loans with a total value of $320 million. However, PFT NZ isn't far behind, having already funded six loans with a total value of $27.4 million (NZ$29 million) since its launch a few days ago. According to Pallas, PFT NZ ...

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... million for providing inappropriate advice and not meeting client best interest obligations. The Federal Court found that six Dixon Advisory representatives didn't act in the best interests of eight clients on 53 occasions. Each instance involved ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... not fund flows, and performance is rock solid. BREIT has delivered extraordinary returns to investors since inception nearly six years ago and is well positioned for the future given its concentration in rental housing and logistics in the Sunbelt and ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
ASIC has acted against six self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
There are six Australian entities in the top 100 asset owners by size, according to Willis Towers Watson's Thinking Ahead Institute. According to new research, total assets held by the globe's 100 largest owners is up 9% since the end of 2021 to US$26 ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... is getting closer to starting," he explained. The FAR is due to commence for authorised deposit-taking institutions (ADIs) six months after Royal Assent and for insurance and superannuation 18 months. "But with the legislation yet to pass the Senate ...

The game changing trends planners should know about

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
... really needs to shift," he said. "If you don't have any Gen Zs in your workforce right now, you will really soon. Within six years, this next generation will be 31% of the labour market. So, we're going to be working with a lot more of them." ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
... property and infrastructure account for 16.1% and other assets comprise 2.3%. The rate of return (ROR) for funds with more than six members was -0.7% for the September quarter and -6.4% for the year to September end. "This is the third consecutive quarter ...