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Showing 101 - 110 of 519 results for "Plum"

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
AMP has announced the retirement of another director, as the beleaguered financial services powerhouse continues to shake-up its board as part of a three-year transformational strategy. Andrew Harmos will retire from AMP on May 8 to dedicate his time ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Macquarie stock has plummeted amid the COVID-19 sell-off, with shares taking a further 12.9% dive on Thursday. Since the beginning of the COVID-19 sell-off (February 21), Macquarie shares have taken a 47.6% hit. At the time of writing, the financial ...

Adamantem acquires ASX-listed company

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Adamantem Capital has announced the acquisition of 100% of shares in Legend Corporation by way of a Scheme of Arrangement. The proposed acquisition is Adamantem's second public-to-private transaction and will be the fund's sixth investment in its portfolio ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
New technologies such as artificial intelligence, data analytics, blockchain and the internet of things (IoT) are set to radically transform and disrupt markets and economies. That's according to the latest research from KPMG and the Australian National ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... it to improve in line with Royal Commission recommendations. Steve Schubert has been appointed the chair of MasterKey and Plum Investment committee. He was Russell Investments' managing director of superannuation for a period. He has also worked ...

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
... responsible for developing the end-to-end adviser experience. El-Khoury spent five years at Sunsuper. Prior to this, she worked at Plum Financial Services, NAB and APRA. In July, MetLife hired former MLC Life head of product John Ashton as its retail ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
I painted a picture of the latest domestic surveys and stats last week arguing that the RBA would need to cut interest rates some more to try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
Several superannuation funds could get caught in the crosshairs after a short report on WiseTech by J Capital has seen shares in the key Australian tech stock plummet. AustralianSuper, for example, has a $4.2 million holding in WiseTech. Australian ...