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Showing 1191 - 1200 of 4419 results for "Williams"

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Just two years after acquiring it, Challenger will sell its banking operations to New Zealand's Heartland Group. Challenger spent $35 million to buy the banking business from Catholic Super in December 2020. The aim was to reach a wider range of customers ...

Magellan targets $100bn in five years

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Outlining his plans to restore Magellan's sheen, chief executive David George hopes to double its funds under management by 2027 by diversifying its capabilities and strengthening its UK and Europe operations. Speaking at the Magellan annual general ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
Australian Ethical has seen a slight drop in its funds under management, including a final institutional redemption, and provided an update on its merger with Christian Super. Australian Ethical's total FUM now sits at $6.18 billion, a drop of 0.4% ...

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Ian Martin will retire as chair of UniSuper at the end of the year, with an existing board director to replace him. Martin has been on the UniSuper board for close to a decade, the last five years of which were spent as chair. During that time the fund ...

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Administration fees will change for both super and pension members next year, with the fund saying its operational costs have increased. From February 2023, HESTA is reducing the dollar-based component of the administration fees paid by accumulation ...

James Mawhinney sues ASIC, deputy chair

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
The Mayfair 101 managing director is claiming he was defamed by the regulator and deputy chair Sarah Court in a recent press release. Mawhinney has filed defamation proceedings against ASIC and Court in the Federal Court over information included in ...

MSC Trustees receives CCIV authorisation

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
MSC Trustees is now authorised to operate both retail and wholesale Corporate Collective Investment Vehicles (CCIV), becoming the first professional trustee firm to do so. The CCIV framework was effective July 1. MSC Trustees is also now the first to ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

Magellan makes investment leadership changes

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
Magellan Financial Group chief executive David George has officially taken on the additional role of chief investment officer, and a deputy chief investment officer has been appointed. In addition to chief executive and managing director of the group ...

Alva Devoy leaves Fidelity Australia

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Alva Devoy has resigned as managing director of Fidelity's Australian business after six years in the role. Devoy held the position since October 2016 and was with the business for a total of eight years. She will return to Europe, having spent ...