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Showing 71 - 80 of 3531 results for %22Accounts%22

GSFM to distribute Access Capital Partners offering to HNWs

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... investments, secondary transactions and direct co-investment opportunities through dedicated vehicles and segregated accounts. Key drivers of value are pricing discipline, controlled levels of leverage, combined with turnover and EBITDA growth, achieved ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... super fund choice. The intent of the change was to reduce the likelihood of people unintentionally having multiple super accounts - a worthy goal - however one of the side effects of this change is that Qantas Super will not grow its new membership as ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... protection (such as a deferred guaranteed income stream that commences later in life), forward-planned income stream that accounts for the member's preferences (such as higher income at earlier ages), and an investment allocation that adjusts the investment ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
The SMSF Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... be charged," the documents state. "In that regard, once the adviser service fees were deducted from the members' accounts, they were paid over to the relevant advisers who were not employed by the trustee." The court recognised that OnePath expressed ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... SmartMonday) and now Verve Super, now ranks among the top 15 largest superannuation group in the market, with total member accounts of 383,000. Just last month, Future Super acquired GuildSuper, a fund whose members are also predominately female, catering ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... fees. The prudential regulator's analysis based on the 2023 superannuation performance test showed that 56% of member accounts in platform TDPs managed by RSE licensees underperformed their benchmark, with almost a third of these accounts floundering ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... $6.8 million of client funds out of BBY's futures client segregated account, a client money account, and then to other accounts. ASIC believes that such instructions intended to fund a margin payment to ASX Clear thus breached BBY's obligation to hold ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... firm Engine by Starling to launch the technology platform to house small business owners' transaction and savings accounts. "AMP Bank's near-term performance will continue to be affected by current market conditions. Current market conditions ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... such orders interact, thus operating as an exchange. Further, it engages in effecting securities transactions for the accounts of Kraken customers, therefore operating as a broker. The SEC explained Kraken also operates as a broker, buys, and sells securities ...