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Showing 1061 - 1070 of 4069 results for "PAI"

CountPlus member firm to make acquisition

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
The ASX-listed advice and accounting group has announced its member firm Kidmans Partners Wealth is acquiring the financial advice services of another member firm. Kidmans will pay $290,000 to Colgin Financial Services with $150,000 paid on completion ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
Madison Financial Group's Annick Donat has been appointed the chief executive of Clime Investment Management. She will commence in the role on 1 May 2021. Donat was most recently the chief executive of Madison for over three years, before it was ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
New data from APRA and ASIC shows 81% of adviser-led TPD claims were admitted in 2020, down from 87% two years ago. The joint claims data published by APRA and ASIC included death, total and permanent disability (TPD), trauma, and disability income ...

Mainstream moves forward with SS&C

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
Mainstream is pursuing a scheme of arrangement with SS&C Technologies Holdings after Vistra missed its deadline to match or provide a superior offer. The Mainstream board unanimously recommends the SS&C proposal on the basis that it is a superior offer ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
Industry Super Australia's modelling found that women from Cairns will retire with almost $40,000 less superannuation than men. These stark figures highlight the need to lift the super rate as legislated from 9.5% to 12%, ISA said. "Women on middle ...

BlackRock hires from AMP Capital

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
BlackRock has announced two co-heads of BlackRock Sustainable Investing for Asia Pacific, hiring from AMP Capital. Emily Woodland and Geir Espeskog have been appointed to share the position, both based in Hong Kong. Woodland was previously head of sustainable ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
The tax concession system is a contributing factor to gender inequality with most of the benefits flowing onto men, new research from the Australia Institute shows. Economic modelling commissioned by the Australia Institute from the Centre for Social ...