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Showing 1131 - 1140 of 7722 results for "Currently"

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
... Perpetual rejected WHSP's $3 billion acquisition offer, saying the proposal "materially undervalued" its business. WHSP, currently Perpetual's largest shareholder, previously owned a 10% stake. In a possible attempt to move closer to another takeover ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... working lives and a rising superannuation guarantee, they will need stronger long-term returns," Miles said. There are currently around 61 MySuper products which are intended as low-cost, simple products suitable for most investors; most are balanced ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
While just 17% of APRA-regulated superannuation fund under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' ...

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... before that he worked in different roles at Mckinsey & Company and was seconded to Australia for about a year. Peters currently works as an adviser at Curagaia, an Australian firm offering institutional investors impact investing solutions. He will assume ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... Commonwealth Bank's recent $1 billion remediation program to the role of general manager, remediation programs. Ian Fletcher, currently general manager of program strategy, customer remediation at Commonwealth Bank, is taking on the new role at the insurer. ...

CSLR chief executive named

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... commencement next April. David Berry has been appointed chief executive of the CSLR, effective December 11. Berry is currently chief executive at charity Way Forward Debt Solutions, and a non-executive director at the Consumer Action Law Centre. He has ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... Ellis who resigned in July to become Westpac's chief economist, with her tenure beginning on 29 January 2024. Hunter currently oversees the analysis of current conditions and economic forecasts, providing advice to the government on a spectrum of economic ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder, indicated yesterday its intention to explore breaking up the funds management business ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... There is no detail on the qualifications that would be required, however they would be substantially less than what is currently required to provide financial advice. Thus, the proposed term is self-contradictory and extremely likely to confuse consumers." ...

Perpetual explores split following review

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... management businesses, aiming to create a more focused asset management business. According to the firm, the separation, currently being assessed by the board, will unlock additional value for Perpetual shareholders. Perpetual said its growth strategy ...