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Showing 91 - 100 of 2944 results for "Employee"

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... been paid out is to be paid back to Citigroup, as allowed for under its trust deed. While not commenting on specific employee compensation matters, a spokesperson for Citi said that the group, in conjunction with the fund's board of trustees and ...

Integro Private Wealth acquires Wealth Advantage

CHLOE WALKER  |  FRIDAY, 25 AUG 2023
The Perth-based family office advice firm has officially taken on Albany-based firm Wealth Advantage Group, in a strategic move to target more family offices across the state. While Wealth Advantage will remain in its Albany office, its staff have already ...

Talent attraction key to family office growth: KPMG

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
The growth of local family offices in the past five years is driving an increase in demand for investment and management staff, according to KPMG's Australian Family Office Benchmark Report 2023. The survey, produced by KPMG together with Agreus ...

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... "We've built infrastructure to support corporate Australia in reducing the time, effort and risk to deliver on their employee superannuation benefits via an employer platform that provides clearinghouse services and bespoke payroll administration ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... customer simplification agenda. However, Westpac has undertaken cost reset actions, resulting in a full-time equivalent employee reduction of approximately 2% in the latter half of 2023. This aligns with the bank's anticipation of notable items ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
EQT Holdings, the holding company for Equity Trustees, confirmed it will exit its businesses in the UK and Ireland. Equity Trustees managing director Mick O'Brien said: "We are advanced in assessing options to determine the best exit from our investment ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... engaged in blue-collar or manual work will experience a weekly drop of 44 cents to $10.76. White-collar or non-manual employee's weekly insurance costs have been trimmed by 20 cents, bringing the rate down to $4.92. Professionals who hold default cover ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
Hejaz Group has introduced the first ever Islamic pension product, alongside a new super offering, advancing its commitment to offer comprehensive wealth services tailored for the Muslim community in Australia. Hejaz Islamic Super and Pension provides ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
After just three months, the head of PGIM's Australia client group suddenly left the firm. PGIM has confirmed that Murray Brewer - who spent more than 14 years with T. Rowe Price - has departed the US$1.2 trillion investment manager. It is understood ...