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Showing 131 - 140 of 2956 results for "Employee"

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
The listed wealth manager has acquired a stake in a recently launched investment manager and will support the roll-out of three new funds. Sequoia has bought 20% of Euree Asset Management for a cash consideration of $500,000. Euree was formed at the ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... implemented," he said. Issues to consider include the scope of advice allowable for a fund; education standards required for an employee or representative; and holding representatives to an appropriate duty. Stream Three will examine the role for other ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... employees between May 2014 and March 2022. The issue stemmed from the bank's inconsistent application of the 'Rostered Employee' clause in its Enterprise Agreements. The blunder affected both current and former employees in Suncorp's insurance arm, including ...

Former QIC exec now OMERS risk chief

ELIZABETH FRY  |  FRIDAY, 9 JUN 2023
A longstanding QIC risk specialist has been named the Ontario Municipal Employee Retirement System's (OMERS) new chief risk officer, reporting to the Canadian pension fund's chief executive Blake Hutcheson. Joining OMERS in 2020, Deb Barnes ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
An investor group comprising private equity firm Pemba Capital Partners and several advice industry executives is buying the SMSF administration business and its SuperMate solution. AMP is selling SuperConcepts to Pemba Capital Partners, which is co-investing ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... or enabling remote diagnostic services in healthcare. Human capital: AI's automation of repetitive tasks can boost employee satisfaction, address labour shortages, enhance training, and improve safety, particularly in high-risk sectors like mining. ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

Link Group acquires Allens' company secretarial business

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
Link Group will expand its corporate governance offering through the acquisition of Allens' company secretarial business. Link's company secretarial service is the largest in Australia, but it said the deal will usher in a "significant" new ...

It's the year of the raise, says Hays

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
About 95% of financial services employers are planning to pay their staff more in the next 12 months, and it may just be because more than half of workers are considering going elsewhere, Hays has found. According to the latest Hays Salary Guide, 68% ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... clients about relevant financial products." It is also a licensee; an authorised representative of a licensee; or an employee or director of a licensee, or an employee or a director of a licensee's related body corporate. Advisers were originally ...