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Showing 1101 - 1110 of 4604 results for "Andrew"

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
Global funds network Calastone has internally promoted an executive to serve as the new head of its Australian and New Zealand operations. Effective today, Marsha Lee will succeed Teresa Walker, who stepped back from the business at the end of October. ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
... organisations jump by 140% from its current lending position of $413 million. NAB group executive business and private banking Andrew Irvine told Financial Standard it's an ambitious target, but one the bank will happily beat. "It's a goal that ...

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
APRA deputy chair Margaret Cole has sounded the alarm on gaps in superannuation trustees' plans to assist the "tidal wave of fund members" heading toward retirement. At the Australian Financial Review's Super and Wealth Summit today, Cole outlined ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
Rest has reported that rising cost-of-living pressures are harming the mental health and financial future of young members, intensifying pre-existing concerns about retirement. A survey commissioned by the $75 billion industry fund revealed that 73% ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
... power generation companies and timber plantation corporations Speaking on the appointment, Campbell Lutyens chief executive Andrew Sealey said: "We are delighted to expand further into Asia-Pacific. This new office reflects our commitment to our clients ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ...

Bell FG announces leadership shakeup

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... success." While Provan's replacement is yet to be named, BFG has made several board appointments, including group founder Andrew Bell, who represents the interest of major shareholder Bell Group Financial Holdings. Other subsidiary board appointments ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
The Australian Bureau of Statistics (ABS) released consumer price index data yesterday, showing a moderation in annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting ...