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Showing 61 - 70 of 2944 results for "Employee"

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
Treasury has released long-awaited draft legislation to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
PGIM's head of Australia wealth Benjamin Price will step down less than two years after being appointed. The US$1.2 trillion asset management business of Prudential Financial has confirmed that Price will leave by the end of the year. However, people ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... attracts, and appropriately engages its talent to drive performance. To achieve this, Magellan will address the existing Employee Share Purchase Plan (ESPP) Loans. "We are pleased to today announce that additional retention payments will be made to close ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
... needs to be done through technology," he said. "We're moving to a future where everything will happen in payroll. An employee has to onboard digitally, where the stapling of a super fund potentially can be something that feeds into payroll, and you actually ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Aware Super will now offer employees paid menopause leave, as the Finance Sector Union (FSU) launches an industry-wide survey on the impact of menopause and menstruation in the workplace in tandem with World Menopause Day. The Australian Institute of ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
Equity Trustees will sell its Irish business for a nominal sum, having reached a deal with its management team. The Irish business is being purchased via a management buyout by Equity Trustees Ireland chief executive Kevin Lavery, with additional investment ...

PSK acquires Perth-based advice group

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
PSK Private Wealth is expanding into Perth with the acquisition of Sage Financial Group. Sage has more than 30 years of history, founded by Peter Tucker and John O'Neill in 1989. Under the acquisition, all its team, comprised of 20 employees and ...

Escala loses bid to restrain former executives

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... granted would see them not work for three months, not receive pay for their full notice period, as well as receive reduced employee entitlements. "The fact that the plaintiffs have elected only to seek damages and not injunctive relief against Mr Allen ...