Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 10353 results for "Close"

WAM offers global real assets exposure via new offering

MATTHEW WAI  |  FRIDAY, 15 MAY 2026
... high-water mark and a 6% p.a. hurdle, and 1.570% in management fees annually. Further, applications for the seed round will close on 5 June 2026, with WAM saying investors may wish to participate prior to this date to secure the reduced management fee ...

Channel Capital appoints distribution director

STAFF WRITER  |  THURSDAY, 14 MAY 2026
Xavier Jeans joins Channel Capital to help strengthen the group's distribution arm, with a focus on supporting financial advisers in the state of Victoria. Based in Melbourne, Xavier will focus on servicing wealth advisers and sophisticated clients ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
As the 2026 Budget promises "bold, broad and ambitious" tax reforms, in addition to easing cost-of-living pressures and strengthening fuel security, wealth managers decry investors and the economy will not come out on top. Last night, Treasurer Jim ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... reforms, including the super performance test and ATO's target to facilitate unpaid super, which is costing Australians close to $6 billion per year. The consultation for the performance test commenced last week, which was well-received by the industry. ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that ...

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK. This follows a commitment ...

Perpetual to wind up fixed income fund

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... investment manager Perpetual Investment Management told investors in a note that after careful consideration it decided to close and wind up the fund effective June 3. The Dynamic Fixed Income Fund had $29.7 million at the end of 2025. It aimed to provide ...

Takeovers Panel denies Atlas Arteria interim order request

KARREN VERGARA  |  MONDAY, 11 MAY 2026
... Arteria security. This will be increased to $5.10 if Diamond Infraco 1's relevant interest is 45% or more prior to the close of the offer. Diamond Infraco 1 said the increased price of $5.10 is its "best and final" offer. The statement also shows ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... done the wrong thing." Advisers are now calling for the government to make significant changes to the CSLR scheme, with close to four in five (79%) urging to spread any special levy cost across the financial services sector on a more "even basis". While ...

HUB24 hires head of retail distribution

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
HUB24 has appointed Nathan Taggart as head of retail distribution. Taggart joins HUB24 with more than a decade of senior leadership experience across distribution, adviser engagement and strategic growth roles within financial services. Most recently ...