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Showing 111 - 120 of 6478 results for "June 5"

TAL makes leadership changes

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
Life insurer TAL has rejigged its executive lineup, seeing new leaders for the group life and retirement, individual life, and technology units. Chief claims officer Jenny Oliver is now the chief executive of group life and retirement. She is responsible ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The private credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping ...

BBY chief charged with aiding and abetting fraud

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The former chief executive of stockbroking firm BBY has been charged with several offences which include aiding and abetting fraud and could face lengthy jail time. The Downing Centre Local Court charged Arunesh Narain Maharaj after ASIC alleged that ...

Magellan FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
Magellan Financial Group's funds under management (FUM) has continued to nosedive, following the fund manager registering $2 billion in net outflows. At September end, the ASX-listed company's FUM stood at $35 billion, consisting of $16.2 billion from ...

GARDA Property Group confirms $30.5m loss

CASSANDRA BALDINI  |  FRIDAY, 6 OCT 2023
GARDA Property Group's sale of two Melbourne office buildings to Sentinel Property Group will see a $30.5 million loss. The group confirmed it has entered into a binding heads of agreement with Sentinel to sell both properties, valued at $110.5 ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
Financial advisers are increasingly incorporating smart beta ETFs in clients' investment portfolios, a survey shows. According to the latest VanEck Smart Beta Survey, over 80% of financial professionals plan to maintain or increase their smart beta ...

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
Senator Andrew Bragg has criticised "howling conflicts" between the government and super funds, spotlighting Wayne Swan's dual roles as Labor Party president and Cbus chair. Bragg highlighted newly released Freedom of Information documents that ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
While yet to reach a final agreement with Australian Retirement Trust (ART), Commonwealth Bank Group Super has told members they will transfer to the industry fund next month. In February, CBA Group Super announced it was exploring a merger with ART ...

Risk sector grows 4%: Research

KARREN VERGARA  |  FRIDAY, 29 SEP 2023
The life insurance industry climbed 4% to $18.4 billion in the year to June 2023 despite the number of risk advisers fleeing the industry. The latest data from Plan For Life shows that TAL continues to hold the lion's share of the group insurance and ...

FEAL appoints NGS Super chief to board

CASSANDRA BALDINI  |  FRIDAY, 29 SEP 2023
The Fund Executives Association (FEAL) has appointed NGS Super chief executive Natalie Previtera to its board. Previtera will replace director and board chair Jo Townsend effective September 30, who is stepping down from the position consistent with ...