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Showing 1 - 10 of 5757 results for "Statement"

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... review and expected decline in flows ultimately meant it was in the best interests of investors to close them. In a statement to Financial Standard, a spokesperson for Fidante further explained: "Following an extensive review, NovaPort Capital has made ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... 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. They did ...

Cbus deputy CIO exits

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... Alexandra's calibre and sincerely wish her all the best in her future endeavours," a Cbus spokesperson said in a statement. Campbell will stay with the fund until the end of June.

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... investment policies, strategies, and initiatives; managing the budget; and overseeing all CalSTRS investment portfolios. A statement from CalSTRS said he'll draw on his decades of "financial expertise" and "institutional investment experience" in directing ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
A financial adviser, who worked at several major superannuation funds, has been permanently banned after he tried to persuade clients to transfer their retirement savings into a bank account he controlled. Effective May 10, Kudzanai Philip Dzawo of ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... confirms it is monitoring the situation which arose when the fund's private cloud was inadvertently deleted. In a brief statement to Financial Standard, APRA said it is "aware of the system outage affecting services and is continuing to monitor the ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... led the class action on behalf of applicants. The settlement approval hearing is set to commence on August 29. In a statement to Financial Standard, an AMP spokesperson said: "AMP Financial Planning is ready to pay the class action's agreed settlement ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... December 2024 to 3.8% but still expects inflation will return to the top of the target range by December 2025. In its statement, the central bank said it "remains vigilant of upside risks" and noted that while it previously indicated interest rates had ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... of the new financial year. "This is a new form that you lodge with your tax return. We've replicated fields from the statement of distribution, so all you need to do is copy the information across," the ATO said. "Remember, you'll need to get the information ...

Stockspot plots entry into superannuation space

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
... their life stage, which will adjust automatically as they approach retirement. While there is no product disclosure statement available as yet, Stockspot did provide some detail as to features of the offering. Listing drawcards, the company said its ...
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