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Showing 1391 - 1400 of 13910 results for "State"

State Street implements first rebrand in 50 years

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
State Street has rebranded for the first time in over five decades, saying its new look represents its "history of firsts", with the branding unveiled alongside its new global headquarters. The new brand and digital-first visual identity has been designed ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
Count is making a play for Diverger, in a deal that will create an entity with $29 billion in funds under management and advice, and house 550 financial advisers. The two ASX-listed firms have entered into a binding scheme implementation deed in which ...

Australian Retirement Trust deputy CIO to go

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
Just weeks after announcing its chief executive is set to depart, Australian Retirement Trust's deputy chief investment officer is now following suit. The $260 billion super fund has confirmed Charles Woodhouse is leaving the fund for another role. ...

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
The regulator is seeking feedback on improving the effectiveness of hybrid capital bonds amid concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges ...

ARK Invest acquires European ETF issuer

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
ARK Invest, an investment manager famous for its focus on disruptive innovation, has acquired Rize ETF, a European provider of thematic and sustainable investment options. The acquisition is part of ARK's global expansion strategy, designed to meet ...

Younger Aussies want advice but don't know how to get it: CFS

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... Australians are keen to seek financial advice but the bulk of them don't know how to access it, a study from Colonial First State shows. According to research commissioned by CFS, 53% of under 40s are open to advice compared to 36% of those aged ...

Advice Revolution rebrands to elemnta

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
Fintech Advice Revolution has rebranded to elemnta and secured a partnership with Colonial First State to deliver integration solutions to financial advisers. elemnta chief technology officer Adrian Patty said elemnta is designed to connect key elements ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The $6.7 billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... and over canvassed by AMP do not understand what an account-based pension is, while an equal number believe the current state of the retirement system is too complex. Out of a pool of 1000 polled, two out of five don't know if they'll be eligible for ...