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Showing 121 - 130 of 333 results for "PAUS"

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
Joggin' Joe hits the ground running. Not soon after he was sworn in as the 46th President of the United States of America, Joe Biden rolled up his sleeves and went to work. Hours after his inauguration, Biden signed 17 executive orders, memorandums ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
An uneven recovery in equity markets and diminishing returns from fixed income mean investors will need to carefully rebalance their equities and bonds mix in 2021, according to First Sentier Investors. In its 2021 outlook, the multi-asset solutions ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
The Retirement Income Review has revealed disabled people are less likely to be in financial stress and poverty when retiring on the age pension alone than in their working lives - demonstrating the struggle a lot of disabled people have making ends ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
The corporate regulator is investigating the ASX following an outage last week which saw investors unable to trade for 24 hours. "ASIC has confirmed to ASX that it is conducting an investigation into the ASX Trade outage on Monday, 16 November 2020," ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
The opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
The ASX equity market paused trading this morning, and will not open until tomorrow morning. The market will not open again until 10am tomorrow as the ASX works to fix the issue. Today was the go-live for the refreshed ASX Trade system, which is the ...

Specialist advice businesses optimal: Barrett

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
Advice firms hoping to succeed will have a much higher chance of achieving organic growth if they specialise, as opposed to generalist practices, according to AZ NGA chief executive Paul Barrett. Speaking on a WealthO2 webinar, Barrett said advice firms ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
A boutique administration services firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional ...