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Showing 1401 - 1410 of 6280 results for "December 31"

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
After four years of offering its MySuper option as a lifecycle product, Tasplan plans to switch back to single strategy citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
360 Capital yesterday published details of plans for E&P Financial Group if its takeover attempt succeeds, including restructuring EP1 into two units and replacing its directors. 360 Capital yesterday filed a bidder's statement, following its revised ...

David Atkin joins ME Bank board

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
Former Cbus Super chief executive David Atkin, who r ecently joined AMP Capital, has just added a board position at ME Bank. David Atkin joined the industry-fund-owned bank's board as a non-executive director on January 1, alongside Westpac's ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
The Arowana Contrarian Value Fund (CVF) is in the process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The corporate regulator has initiated action against a fintech for allegedly misleading customers about the benefits of investing in residential property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Slater and Gordon have filed a class action against ANZ and its former subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched ...

SuperConcepts appoints interim chief executive

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
AMP's SuperConcepts has appointed its chief information officer as the interim chief executive after incumbent Lara Bourguignon resigned earlier this month. Grant Christensen moved into the role on December 18. He joined SuperConcepts in 2006 and has ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
Charter Hall announced it has purchased the David Jones flagship store in Sydney for $510 million. The Sydney CBD property comprises 12 levels on a strategic 3530sqm prime CBD retail site, prominently located overlooking Hyde Park with views to Sydney ...