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Showing 101 - 110 of 1112 results for "Parent"

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... URF. "The establishment of the CSLR has highlighted the underlying issues with the insolvency system in Australia, where a parent company can walk away from a subsidiary and leave the resultant problems for the rest of the financial advice sector to ...

MLC Life and Resolution Life Australasia to merge

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... are set to merge, creating one of Australia's largest life insurance businesses. Nippon Life Insurance - MLC's parent company - announced it will acquire 100% of Resolution Life. As a result, MLC Life and Resolution Life Australasia will be combined ...

CFS awards equity, infrastructure mandates

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... shortening of supply chains and the digitalisation transformation that now includes the AI revolution." ClearBridge's parent company Franklin Templeton has five other strategies on CFS FirstChoice. Meanwhile, CFS awarded the second mandate to the ...

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... disregard other factors when evaluating funds. "Qualitative factors such as the investment team, investment process, and parent organisation are also vital when determining a fund's outperformance potential," Nguyen said. "Still, lower-cost funds ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... underway, Morningstar said regulatory issues and member servicing are hurdles the fund still needs to overcome, applying a Parent Pillar rating of 'Average.' "Despite the positive characteristics that set the fund apart, recent litigation from ASIC limits ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
... the deed was in Dixon's best interests, having weighed the advice he received and the impact on both creditors and the parent company. The judge rejected ASIC's argument, finding no grounds to doubt Ryan's testimony.

Advisers share winning intergenerational wealth strategies

ANDREW MCKEAN  |  THURSDAY, 24 OCT 2024
The $3.5 trillion wealth transfer will be Australia's biggest economic event over the next 20 years, according to AMP Advice national lead Anjuum Siingh, who chaired a panel of financial advisers at the Financial Standard Retirement Income Forum today. ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
Insignia Financial is set to pilot a four-day work week, a win for employees in recent Enterprise Agreement (EA) negotiations. The Finance Sector Union (FSU) and Insignia Financial have capped months of bargaining, with 68% of employees voting in favour ...

Vale Todd Guyot

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
Todd Guyot, the portfolio manager of Regal Funds Management, has passed away. Regal chief investment officer Phil King paid tribute to Guyot, who died suddenly over the weekend. "Todd was a terrific investor, an even greater person, and a cherished ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... that OPC breached its duties as trustee by investing members' superannuation funds in cash investment options with its parent company ANZ, at rates for members that were lower than those offered to other depositors with no ties to ANZ. It also alleged ...