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Showing 1131 - 1140 of 4071 results for "PAI"

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
ASIC has succeeded in winding up the issuer of Mayfair 101's debenture products, with the Federal Court ordering M101 Nominees to wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
IFM Investors has made a EUR 5 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. The stake will form part of IFM's Global Infrastructure Fund. Naturgy is based in Spain and listed on the IBEX 35 exchange. Its diversified ...

Waste key to economic recovery: CSIRO

ELIZA BAVIN  |  MONDAY, 25 JAN 2021
The CSIRO has published a roadmap to economic recovery finding innovation in Australia's waste management space could triple job creation. The National Circular Economy Roadmap suggested the key strategy for creating jobs and reclaiming billions ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
Eildon Capital has appointed a head of distribution and investor relations in a bid to expand its funds management business. Lulu Yan will oversee the unlisted funds the firm manages. Yan came from Darland, a developer of residential property in Victoria ...

WTW names new head of retirement

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
Willis Towers Watson (WTW) has announced a new head of retirement for Australasia as Brad Jeffrey retires after serving 40 years with the company. Louise Campbell will take on the position effective immediately, after rejoining WTW in 2017 when it acquired ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
A wrongful dismissal case brought by a former IOOF employee detailing sexual harassment and gender discrimination among colleagues has once again shone an unwanted spotlight on the financial services industry, calling into question the sector's ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
The poor quality of group insurance data is conducive to administrative blunders that are notoriously difficult to rectify, according to Rice Warner. Superannuation funds and their life insurance partners are falling short of improving data collection ...

Shipton $200k out of pocket

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
ASIC chair James Shipton has lost out on close to $200,000 in salary since going on a leave of absence last year. The top corporate cop went on a leave of absence in October last year as he awaited an outcome of a review into his remuneration arrangements. ...

MySuper eyes growth asset returns

KARREN VERGARA  |  MONDAY, 18 JAN 2021
MySuper products are achieving near growth-like returns yet incurring investment risk closer to that of balanced products on average, new research shows. Rainmaker's latest RMetrics report found the 55 MySuper funds analysed delivered three-year ...

Crypto fortune hinges on forgotten password

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
A Bitcoin portfolio worth approximately $280 million could be lost forever, as its owner struggles to remember his password. Stefan Thomas, a developer based in San Francisco, remains unable to access his Bitcoin wallet. He said the incident is "a painful ...