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Showing 71 - 80 of 2795 results for %22Power50%22

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... on promoter penalties from four years to six years after the conduct occurred. The new legislation will also increase the power of regulators, with the recommendation that secrecy laws which currently apply to the ATO and Tax Practitioner Board (TPB) ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... executive Jeri Harman in 2009, Avante was established with the vision of creating a private markets manager that harnesses the power of diversity. Having invested nearly $1.5 billion of capital since inception, Avante provides private credit and equity ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... electricity, gas, and water," he said. Last July, Prime Super and Yates Electrical Services Group acquired 100% of Savant Energy Power Networks to deliver renewable energy solutions to apartments, retirement villages, shopping centres, and office buildings. ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
Ironbark Asset Management and Invest Blue have announced plans to merge, forming one of Australia's largest diversified financial services businesses. The merger is expected to be completed by the end of September, once finalised the newly formed ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... again how the right advice at the right time has a life-changing effect on our members, and we're doing everything in our power to ensure that advice is as accessible as it can be, and to support those who provide it," he said. "We pride ourselves on ...

AI to revolutionise investment industry: Research

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
... led to reduced headcount. "How firms and professionals apply such technology, particularly in harnessing the combinatorial power and complementary skills of humans and machines on investment teams, will determine organisational success," it said. "Professionals ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
A newly formed policy and advocacy body for profit-to-member superannuation funds will be launched by October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ASIC now has new rule-making power to facilitate competitive outcomes in the provision of clearing and settlement service, while the ACCC has new arbitration ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
In a first-of-its-kind case, ASIC is taking AustralianSuper to court over its failure to properly monitor and consolidate multiple accounts on behalf of members for close to a decade. In May, AustralianSuper announced it would be refunding close to ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... held accountable for the actions of the organisation." APRA and ASIC will jointly administer the FAR. "They will have the power to disqualify accountable persons, investigate suspected breaches of the regime, and direct entities to take remedial action ...