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| | | Plans to simplify IOOF are continuing, with the wealth manager taking an axe to its New Zealand business. IOOF has sold the client rights to the IOOF Integral Master Trust it operates in New Zealand, the centrepiece of the firm's operations in the ... |
| | | | ... compliance with their regulatory obligations in the COVID-19 context, assessing the effectiveness of their business continuity plans and alternative working arrangements so as to comply with all regulatory requirements." Earlier in the week, the regulator ... |
| | | | ... partners and has appointed a new responsible entity for its offerings, which will be announced later this month. The team also plans to launch an Australian equities focused fund, which will apply the same rules-based and disciplined derivatives strategy ... |
| | | | ... "Making GAM fit for the future is a clear strategic goal and in view of the current industry headwinds we are accelerating our plans in order to bring forwards some of our longer term efficiency targets," GAM chief executive Pete Sanderson said. "We ... |
| | | | A $50 billion industry superannuation fund is pushing ahead with its plans to build an in-house investment capability, appointing a former Victorian Funds Management Corporation portfolio manager to oversee strategic tilting. HESTA has appointed Luke ... |
| | | | ... the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees. Plato Investment Management said underwritten DRPs would help address concerns ... |
| | | | ... own unlisted assets, like other super funds, out of cycle. Asked whether the COVID-19 fallout would see the fund delay its plans to merge with VicSuper - as other funds have - Graham said the plan was still on track. "We're still proposing to move ... |
| | | | ... years could be a beneficiary of the world telecommuting de riguer [during COVID] which has forced people to add to their plans," he said. Hamson said the fund is focused on buying good companies that generate yield, and does not sell options, which can ... |
| | | | ... letter said. APRA said dividend payments should be offset to the extent possible through the use of dividend reinvestment plans and other capital management initiatives. "During this period, APRA expects that ADIs and insurers will seriously consider ... |
| | | | ... professional partnerships manager Ken Whitton said the benchmarking tool would allow advisers to develop forward-looking plans for their practices. "The FPA READY Index will provide a comprehensive assessment of the success of your business," he said. ... |
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