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Showing 871 - 880 of 6583 results for "Review"

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... long-short investment strategy and aimed to achieve capital growth and tax-effective income from franking credits. "We regularly review our product range to ensure alignment with the evolving needs of our clients. With limited investor demand for this ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... a business that was closely identified with her," said McCabe. "At a minimum, she should have had processes in place to review content on her website." For a banning order to be established, McCabe said, it is not a requirement for either ASIC or the ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... because there is no requirement that a portion of super savings be taken as an income stream." "From the Retirement Income Review to the Retirement Income Covenant, and the work to define an objective of superannuation, there have been some excellent ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... portal provides visibility for clients so that they can see if they are on track on a daily basis, rather than just at review time." Sauer said Source Wealth will provide goals-based advice for all clients, ranging from young professionals to retirees ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... doubling in the year to June 30, primarily due to growth in superannuation business, as reported in KPMG's annual market review.

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23, down from $1.2 billion in FY22, largely driven by reduced retail ...

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
... one of its funds as it persistently trades below its net asset value. The closed-end Magellan Global Fund (MGF) is up for review as the board weighs up converting it into an open-end fund to "permanently address the trading discount to NAV per Unit ...

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
Following a strategic review, Industry Super Property Trust (ISPT) is selling five assets, including Melbourne's GPO and a Sydney office building. An assessment of ISPT's $17.7 billion Core Fund identified five assets that do not align "with ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... we get these 23 recommendations into action. "We have committed that after a period of time, we will get an independent review done, so that you can be certain you can hold me to account around those recommendations and whether we've acted on." However ...