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Showing 1101 - 1110 of 4764 results for "Run"

IOOF posts profit, restructures business

ELIZA BAVIN | MONDAY, 31 AUG 2020

... announced changes will benefit clients and shareholders. He said IOOF it committing to a $10 million per annum saving on a run-rate basis as a result of these changes. In addition, IOOF reported an underlying NPAT of $48.4 million for its financial advice ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN | MONDAY, 31 AUG 2020

... better results. It said it is targeting pre-tax synergies of $150 million per annum by the third full year of ownership on a run-rate basis.

Advice disciplinary body delayed

KARREN VERGARA | FRIDAY, 28 AUG 2020

Financial advisers will have to wait until June 2021 for the long-awaited disciplinary body that is purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged ...

Liberal senator slams super

ELIZA BAVIN | FRIDAY, 28 AUG 2020

... All with their little red books, bobbling their heads to every command issued by their big brother - industry super funds, run by unions," Rennick said. He went on to criticise $40 billion in superannuation management fees and a similar amount in tax ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG | FRIDAY, 28 AUG 2020

"If the mountain will not come to Muhammad, then Muhammad must go to the mountain." True to its legend, the Jackson Hole symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON | THURSDAY, 27 AUG 2020

... reported in March, the merger will see Haley take on the role of executive chair of the merged entity, with the business to be run by Case and Aon chief financial officer Christa Davies.

Household debt a major risk: RBA

ELIZA BAVIN | THURSDAY, 27 AUG 2020

The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

Link suffers in COVID environment

ELIZA BAVIN | THURSDAY, 27 AUG 2020

Link Group has posted disappointing FY20 results across the board weighed down by tough trading conditions and increased regulatory costs. Compared to last year Link posted a 12% fall in statutory net profit, a 27% fall in operating net profit after ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR | WEDNESDAY, 26 AUG 2020

... like I was then told I would be given a role in the same division as my manager, reporting to that same handsy leader who had run the investigation, and that no other reparations would be made," she said. The whistleblower reported she was then given ...

Raiz shuffles leadership team

ANNABELLE DICKSON | WEDNESDAY, 26 AUG 2020

Micro-investing app Raiz has announced in its FY20 results that it's reorganising the executive team to better manage the business as it expands globally. Chief executive of Australia George Lucas has moved into the role of group chief executive with ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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