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Showing 1 - 10 of 5102 results for "September 2006"

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back. In a joint statement, the super funds announced that their merger to form TEAM Super has been rescheduled from early 2024 to early 2025. ...

Cbus deputy CIO exits

KARREN VERGARA  |  MONDAY, 20 MAY 2024
The deputy chief investment officer of Cbus has left the super fund eight months after being appointed to the post. Alexandra Campbell, has resigned from her role after a total of four years with the fund, Cbus confirmed to Financial Standard. Campbell ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Support will be boosted for Australians facing acute and urgent financial pressures with $138 million to meet sustained high demand for crisis support including emergency relief, food relief and financial support services. Treasurer Jim Chalmers announced ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
Investment and financial advisers are coming together to pressure the federal government more than ever to make the profession more sustainable by being flexible in recognising more degrees, the Stockbrokers and Investment Advisers Association (SIAA) ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
The fund manager is looking to significantly boost its local lineup of active ETFs. Fidelity is seeking the approval of unitholders to modify the constitutions of a number of its managed funds to enable listing of a class of units on either the ASX ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
ASX chair Damien Roche has announced former APRA chair Wayne Byres will join the ASX board, effective today, as non-executive director. Roche said he was delighted to welcome Byres to the board, and he looked forward to "drawing on his deep financial ...

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Australian Retirement Trust (ART) will be reducing the maximum account balance for the percentage administration fee from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings ...

J.P. Morgan lists new global equity ETF

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
J.P. Morgan Asset Management (JPMAM) has launched the JPMorgan Global Select Equity Active ETF (JGLO), a high conviction global equity strategy, on the ASX. JGLO is the 12 th active ETF that the US$3.2 trillion asset manager has brought to Australia ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
Lanterne Fund Services was issued a $1.25 million penalty by the Federal Court for failing to comply with basic obligations, including operating with almost no compliance staff or risk management processes. In July 2022, ASIC issued civil penalty proceedings ...
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