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Showing 1181 - 1190 of 9236 results for "Benefit"

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Family office chief investment officers across the globe intend to allocate more capital towards private credit this year, according to new research by KKR. The global fund manager's annual Family office survey, now in its seventh year, found that ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... up to 500,000 Rest members may be affected. "This was money down the drain for fund members who paid a premium for no benefit," Boustani said. "As a result, we're seeking compensation for insurance premiums which we allege were unfairly deducted ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
Commonwealth Bank was fined $10.3 million by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Platform providers' ability to innovate and improve administrative efficiencies are enabling financial advisers to digitally self-serve and improve client outcomes, according to SuitabilityHub. The 2024 platform market wrap found that the move to digital ...

Head of property at Hostplus exits

ELIZABETH FRY  |  FRIDAY, 16 FEB 2024
... at a very exciting time for the business," said founder Peter Wylie. "His deep experience and investment insights will benefit us and our investors enormously." Wylie said Richmond is growing the team following its partnership with the $120 billion UniSuper. ...

Count to finalise Diverger deal

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
Count's acquisition of Diverger was approved by the Federal Court yesterday, with the deal now expected to be completed on March 1. Last month, Diverger shareholders overwhelmingly voted in favour of the takeover, with the court approval marking the ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The former director of Reiwa-Capital is facing possible jail time and a hefty fine after he convinced people to hand over more than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors. ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... business is positive and likely to continue to strengthen through organic growth and acquisition of client bases that can benefit from the Fiducian Process," it said. Fiducian will pay an interim fully franked dividend of 18.20 cents per share.

AustralianSuper to revive UK landmark

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
AustralianSuper and UK property developer British Land have submitted a planning application to redevelop a permanent cultural venue at the Printworks London building. The Printworks building, managed by music and arts operator Broadwick, was closed ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
Rest has invested in an agriculture-focused fund that focuses on sustainable farming, practices and companies. Rest has allocated capital to Cibus Fund II, which "focuses on delivering strong returns through investment opportunities related to the food ...