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Showing 951 - 960 of 4246 results for "Vic"

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
... Australian economy before the Delta variant ran rampant, particularly in the states of New South Wales (NSW) and Victoria (VIC) that has prompted hard lockdowns there. NSW recorded 1288 new cases of infections (the biggest daily increase in infections ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The government has passed legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. Treasury Laws Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual ...

Former CFSGAM chief executive joins CFA Institute

ANNABELLE DICKSON  |  THURSDAY, 2 SEP 2021
The CFA Institute has appointed the former chief executive Colonial First State Global Asset Management (CFSGAM) and First State Investments as chair of the board of governors. Mark Lazberger is one of two Australians on the CFA Institute board of governors ...

Aware Super to offload farm assets

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
The $140 billion super fund is readying to sell a significant agriculture portfolio, comprising cropping assets and water entitlements in Victoria. Aware Super will commence the sale process of its Lake Boga agribusiness portfolio, including one of ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
The ASX-listed advice and accounting group is acquiring a 49% shareholding in an accounting firm based in Victoria. CountPlus will pay a total of $2.8 million for Southern Cross Business Holdings (SCBA) made up of an initial payment of $2.2 million ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
The financial adviser exam pass rate continues to dwindle as less than two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...