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Showing 1341 - 1350 of 7101 results for "June 25"

Rest hires from AMP

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
The industry fund has appointed a general manager of brand and marketing. Andrew Ford will head strategic marketing initiatives across Rest's member engagement channels, the fund said. Ford was most recently AMP's head of content and marketing ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand ...

Dexus reports higher portfolio valuations

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
ASX-listed Dexus reported a $362 million increase in the valuations of its 117 property assets as at June end. Dexus revalued 117 of its 128 assets including one healthcare property, 41 office properties and 75 industrial properties. It said the externally ...

ASIC fines trading firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
The corporate regulator has fined Life Trading $200,000 and imposed an enforceable undertaking after it was found to have inappropriate supervisory policies and procedures in place. The Markets Disciplinary Panel (MFP) gave Life Trading an infringement ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to work to a new group definition. The group proceedings were filed by Diana Tyrrell and Edward ...

GROW wins new super fund client

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
A Queensland superannuation fund has picked GROW Inc to replace Mercer as its administrator. The $1.4 billion Mercy Super will soon swap to GROW, after using Mercer for seven years. The transition was initially slated for a June 1 start but was delayed. ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
As LGIAsuper completes its merger with Energy Super and starts the process of integrating Suncorp's super business into the fund, chief executive Kate Farrar tells Financial Standard there are some big changes ahead. From 1 July 2021, the successor ...

Franklin Templeton shutters fund

KANIKA SOOD  |  MONDAY, 21 JUN 2021
Franklin Templeton Investments is winding up its retail Australian Equity Fund, as asset growth lags. The fund was terminated on June 16, with returns of money to investors expected by July 31. "FTIA have determined that based on the current low level ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
The Association of Financial Advisers has slammed the Labor Party's attack on financial advisers, which paints the profession as dodgy and continues to rip-off consumers. AFA acting chief executive Phil Anderson is calling for an end to the "persecution" ...

Aware Super, MIRA acquisition progresses

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
The Foreign Investments Review Board (FIRB) has approved the $4.6 billion acquisition of Vocus by a consortium made up of Aware Super and Macquarie Infrastructure and Real Assets (MIRA). The consortium's bid values Vocus at $5.50 per share, which is ...