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Showing 1201 - 1210 of 3537 results for "s. First"

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

Link's superannuation arm takes a hit

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
Link's retirement and superannuation solutions business took a hit in the first half of the year, as client losses and regulatory reforms impacted the segment. Reporting its half yearly results to the market today, administration and services giant ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
The investment manager of the New South Wales public sector has launched a new benchmark bond with a coupon rate of 2%, set to mature in March 2033. Strong investor demand saw the bond raise $1 billion, attracting a yield of 1.565%. TCorp head of funding ...

Sargon clouds OneVue results

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax. OneVue confirmed that Sargon-appointed voluntary administrators are looking ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
The government's superannuation guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday ...

First State hires from CBA

ELIZA BAVIN  |  TUESDAY, 25 FEB 2020
First State Super has announced the appointment of a new C-suite executive, hiring from Commonwealth Bank. Jane Couchman has been named as the $105 billion super fund's new chief risk officer, having previously been responsible for leading CBA's ...

Qualitas launches build-to-rent fund

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... $125 million from the Clean Energy Finance Corporation. The Qualitas Build-to-Rent Impact Fund (QBIF) is Australia's first property debt fund to elevate minimum sustainability criteria into its investment criteria, as well as being Australia's ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ...

TCorp issues first Euro bond

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
New South Wales' public sector investment management partner made its first offshore issuance in Euros. TCorp issued a 30-year EUR60 million fixed rate note earlier this week, priced at 0.609% and due on 24 February 2050. TCorp head of funding and balance ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...