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Showing 861 - 870 of 1668 results for "Origin"

SIV Asset Management slams bill claim

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
SIV Asset Management is currently investigating legal options with regards to a $324,000 bill received from a former subsidiary. Aurora Funds Management, which was sold by SIV in early 2015 and later bought by Keybridge Capital - who then sold it just ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
Former directors of Avestra Asset Management have been banned from providing financial services for 10 years. Paul Rowles and Clayton Dempsey were found by the Federal Court to have engaged in multiple contraventions of the Corporations Act. These included ...

APRA announces promotions, new hires

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
Following the news of a funding boost for the regulator in the latest Budget, APRA added four new senior executives to its leadership team. Melisande Waterford, who has worked with APRA since 1998, will take on the newly-created role of general manager ...

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Tax relief for merging superannuation funds will be extended until 1 July 2020 in an effort to minimise barriers to sector consolidation. As announced in this years' Federal Budget, relief will be available to superannuation funds to transfer capital ...

Terrible tax policies of the last 25 years

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
Many Budgets have proven to be good for the country, while others received less than glowing reviews in history books. To take us into the next phase of fiscal policy, one of Australia's most respected and renowned economic commentators, Saul Eslake ...

ANZ and ETFS cut ties

ALEX BURKE  |  THURSDAY, 4 MAY 2017
ANZ ETFS is no more as the rapidly-downsizing bank decided to end its joint venture with ETF Securities, creating a separate business in the process. ANZ ETFS has been rebranded ETF Securities Australia, and eight exchange-traded products originally ...

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
A large number of death benefit complaints could be avoided if trustees communicate to members and beneficiaries proper internal dispute resolution processes. This is particularly true when it comes to death benefits, according to the Superannuation ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Financial intelligence agency AUSTRAC is releasing a guide to help financial advisers combat serious financial crimes, including financing for terrorism. The guide follows on from the report AUSTRAC released in December last year which determined there ...

Infratil sells $237m aged care stake to investment bank

ALEX BURKE  |  FRIDAY, 7 APR 2017
Infratil disposed of its 19.91% stake in a leading provider of New Zealand aged care facilities, netting $237.93 million via an off-market block trade. The stake in Metlifecare, sold to New Zealand-based investment bank Forsyth Barr for $5.61 per share ...

IMF Bentham taps debt markets

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
Litigation funder IMF Bentham Limited is pushing ahead with an ongoing capital management strategy with the issue of a $40 million follow on bond. The issue was oversubscribed from the minimum issue size of $18 million. Completion of the $30 million ...