Perpetual profits plummetBY ALLY SELBY | THURSDAY, 20 AUG 2020 12:21PMInvestment giant Perpetual has seen its net profit after tax fall 29% year on year, blaming an increase in outflows from its investments business as well as the challenging conditions of the COVID-19 pandemic for the decline. Related News |
Editor's Choice
REI Super chief executive steps down
REI Super is farewelling its chief executive Jarrod Coysh, after more than seven years in the role.
Former Brighter Super investment lead plots return
After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month.
CGT, negative gearing changes to become a law
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law.
BUSSQ beefs up cyber security oversight
The Queensland industry fund has welcomed a cyber security expert to its board of trustees, bolstering its oversight on heightened cyber security risk.
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
