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Showing 981 - 990 of 14005 results for "Current"

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
A former financial adviser from Western Australia has pleaded guilty to five charges related to misappropriating $1.03 million of client funds. Anthony Torre was charged with five counts of stealing and eight counts of fraud in June 2022 following an ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
As new estimates show that financial advisers will have to fork out $70 million to fund the Compensation Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... plans to give investors certainty to allocate capital to the transition. Rest also asked the government to accelerate current work with State and Territory governments to prioritise policy changes to encourage institutional investment in housing supply ...

Lendlease makes $235m divestment

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... broader range of infrastructure assets both in Australia and globally. We will also continue to work with Lendlease on current and future Capella projects where Lendlease brings relevant construction or development expertise," he said. Under the terms ...

VFMC wraps up leadership changes

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Victorian Funds Management Corporation (VFMC) has fine-tuned its absolute returns team following an overhaul of the investment function late last year. The absolute returns team manages private credit and hedge fund exposures within client portfolios. ...

Workplace expert joins Aware Super in new role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Aware Super has appointed Breckon Jones to the newly created role of head of growth, talent, and reward. Jones joins the $190 billion superannuation fund from iCare NSW, which manages the insurance and care services to the people, businesses and communities ...

BlackRock's Chantal Giles expands role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... cross-border clients in the Asia Pacific region, according to the company. Giles has been with BlackRock for 17 years. In her current role, she oversees the firm's relationships with wealth management firms and platforms, where she distributes BlackRock's ...

Australian Ethical loses super chief

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Australian Ethical's superannuation chief Ross Piper has departed the fund and will shortly take up a new role as global chief executive of the Fred Hollows Foundation. Piper confirmed his departure, saying he finished at the $13 billion fund before ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Franklin Templeton folds Martin Currie into affiliates

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
Franklin Templeton announced it will fold Martin Currie, the US$17.9 billion fund manager, into its other brands, ClearBridge Investments and Franklin Equity Group. Martin Currie's Australia, UK, and global emerging markets investment and sustainability ...