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Showing 1261 - 1270 of 3847 results for "Plans"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... to agree on supply cuts aimed to address a slump in global demand caused by the COVID-19 outbreak. Russia refused to back plans to cut production, and in retaliation, Saudi Arabia launched a price war for greater market share, slashing oil prices to ...

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
A start-up superannuation fund looking to raise fresh funds has postponed its plans to after June. Future Super met with strategic investors in financial services and impact investing earlier this year as it looked to kick start a capital raise for ...

Jamie Dimon recovering after emergency heart surgery

ALLY SELBY  |  MONDAY, 9 MAR 2020
... said they had been working closely with Dimon over the past two years and will continue to execute the bank's strategic plans. "As co-presidents and chief operating officers, we have been working hand-in-hand with Jamie and the board over the past two ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Services Union has lashed out at ANZ for plans to cut 230 jobs from its private bank and financial advice businesses. The FSU said that in a memo, ANZ told staff that it was committed to helping rebuild trust in the financial advice industry. ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... asked to test working from home over the next few weeks. Banks around the world have been rolling out their own contingency plans in response to COVID-19, limiting or restricting staff travel, and forcing some staff to quarantine themselves or work from ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... Statewide Super and Tasplan with a three-way merger that would create a $24 billion fund on the table. However, in June those plans were dumped and Statewide said it would pursue other opportunities, with Statewide saying a three-way merger was too complex ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... planning grows more central to the value advisors deliver to clients and as the industry puts more focus on ensuring investment plans are best suited for each client's unique goals and circumstances. "This is an investment for growth in the financial-planning ...

HESTA appoints GM, internalises investments

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
The $57 billion industry superannuation fund has announced a shakeup to its investment leadership, announcing plans to internalise the management of several asset classes. Steven Semczyszyn will lead development of an internalised Australian equities ...

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... Kinetic Wholesale Smaller Companies Fund are currently being wound up as well. It is understood that the boutique doesn't have plans to tap the retail market. In June last year, Kinetic lost a $230 million mandate from Vision Super, as the superannuation ...

Moelis Australia names co-chiefs, acquires lender

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market. Julian Biggins and Chris Wyke ...