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Perpetual's acquisition of The Trust Company pays offBY LAURA MILLAN | THURSDAY, 27 AUG 2015 12:30PM
Perpetual Private's profit before tax was up 74% for the year to 30 June 2015, with the parent company registering a net profit after tax 50% higher.Read more: Investment, Private, Investments, June 2015, Trust Company, Geoff Lloyd, Cambridge, Elizabeth Proust, Frontier, Global Share Fund, Ian Hammond, JANA, Limited, Mercer, Nancy Fox, Paul Brasher, Russell, Towers Watson
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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