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Showing 971 - 980 of 10611 results for "Set"

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... largest individual payment being close to $14,000. The Retirement Reward recognises a portion of capital gains tax that has been set aside during the transition process and is paid automatically, provided the member stays with Brighter Super for 12 months. ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ...

New shareholder, governance services firm enters market

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
The firm aims to navigate Australian companies through the complex landscape of investor expectations and corporate governance, it said. Founded by Marc Stanghieri, the former head of mergers and acquisitions at Morrow Sodali, PGS Advisers plans to ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
The $3 million superannuation tax passed the lower house yesterday afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... appointed a new chief financial officer after Grant Boyle announced he would be retiring from the role. Hayden Stockdale is set to take on the role on November 25 with Boyle assisting with the handover. Stockdale has held several chief financial officer ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... moment not only for Australia's private companies and capital markets but for financial markets globally. "The licences set a new global standard for regulated private capital markets and are a significant step forwards for Australia's financial ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
ANZ and OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement. The no-fault settlement was reached with ANZ and its former subsidiaries, OnePath Custodians (OPC) ...

Pengana pauses share buyback

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
Pengana Capital Group's board informed shareholders that although the company's current share price doesn't reflect its true value, it's paused its share buyback program until uncertainties around the Employee Share Loan Plan are settled. The board ...

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... of Advice Index found almost all (94%) of advised clients trust their adviser to act in their best interest, a new record set in this year's survey. The same number lauded their adviser for helping them manage financial risks, particularly as cost-of-living ...

CFMG Capital raises for $26m Brisbane project

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
... from $900,000, CFMG said. It is expected to hit the market in early 2026. It is targeting a return of close to 20% over a set term. CFMG Capital Group general manager Andrew Thomson said this is the third site in the area following the completion of ...