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Showing 1001 - 1010 of 6229 results for "MER"

Forget BRICs: Skerryvore

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
Unlike the previous periods of emerging markets euphoria, a return to prosperity is unlikely to be shortened into a simple acronym as it was during the period of the BRICs (Brazil, Russia, India, and China), as lines begin to blur between developed ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Concessional tax arrangements for high balance super funds will be reviewed by the government. Assistant treasurer and minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation ...

Proebstl to leave legalsuper

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
Andrew Proebstl has announced he will leave the fund this month, capping just shy of two decades in the role. Proebstl will retire from the fund on November 23, with the fund employing a global executive search team to find his replacement. He took ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
Strategy discussions around defined contribution workplace saving tend to focus on plan design and engagement but questions of asset allocation are also critical, according to a discussion summary of the most recent Jasper Forum. The Forum was led by ...

Equipsuper investment chief on re-energising his team

ELIZABETH FRY  |  MONDAY, 7 NOV 2022
In anticipation of a recession, Equipsuper chief investment officer Andrew Howard says the revamp is the culmination of a six-month drive to get the right people in place. Providing an update to Industry Moves, Howard says he's confident the fund ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
In releasing its full-year results, Westpac has provided an update as to its simplification efforts. The banking giant said one of its main priorities is the continued simplification of its business. Portfolio simplification relating to the businesses ...

Australian Retirement Trust names State Street as custodian

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2022
Australian Retirement Trust has appointed State Street as its custodian and administrator. The $175 billion superannuation fund has confirmed the mandate, chief financial officer Anthony Rose commenting: "After a comprehensive and thorough tender process ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The Financial Planning Association of Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased ...

PAC Capital buys Clearwater Portfolio Management

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
The private asset manager has acquired Clearwater Portfolio Management, taking its total funds under management to just under $500 million. Clearwater Portfolio Management is a boutique based in Byron Bay which runs the Clearwater Dynamic Portfolio. ...