Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 1003 results for Eliza Bavin

Citi moves to double wealth business revenues

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Citi Australia has opened a wealth hub in Sydney to cater to a larger high-net-worth client base. Citi said the move will support its goal to double the revenue of its wealth management business over the next three years. The new wealth hub is in Citi's ...

Class chief financial officer exits

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Class has announced the resignation of its chief financial officer Glenn Day after 12 years with the company. Class chief executive Andrew Russell said Day is leaving his role to pursue other opportunities and his final date of employment will be finalised ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
The prudential regulator has acknowledged concerns over "quasi-mergers" raised by Senator Andrew Bragg. In a letter provided to Financial Standard, Bragg contacted APRA in February to express concerns over the "quasi-merger" between Maritime Super and ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
Mainstream has announced it entered a scheme of implementation deed with Vistra to acquire 100% of the company for an implied value of $170 million. The offer of $1.20 per share represents a 300% increase over Mainstream's share price at IPO in October ...

Aware Super, Macquarie to acquire Vocus

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
Vocus Group is set to be acquired by Aware Super and Macquarie Infrastructure and Real Assets (MIRA), with Vocus confirming it has entered a $4.5 billion agreement with the consortium. The Vocus board has unanimously recommended shareholders accept ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Women need to take stock and focus on rebuilding their super after disproportionately withdrawing their retirement funds in comparison to men, according to AMP. AMP said over 80,000 of its women members accessed their superannuation savings, through ...

New investment manager enters Aussie market

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Fullgoal Asset Management, a Chinese equity and fixed income investment manager, has expanded its distribution to cover the Australian and New Zealand markets by retaining 3PD. Fullgoal, which has investment teams in Shanghai and Hong Kong, has AU$200 ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
Government retirement modelling does not consider the interrupted careers of women, according to research by Industry Super Australia (ISA). The research, which analysed two decades of Household, Income and Labour Dynamics in Australia (HILDA) Survey ...

Rest hires from NGS Super

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
Rest has appointed a new general manager of superannuation and retirement solutions, hiring from NGS Super. Mel Jose has been appointed to the role at Rest, moving on from her role as senior manager of investment governance at NGS Super. Jose spent ...

Munich RE appoints Australasia lead

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
Munich RE has appointed Scott Hawkins as managing director of Australasia succeeding Ralph Ronnenberg who is moving into a new position as head of reinsurance controlling. Hawkins will be responsible for overseeing the leadership and strategic steering ...