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Showing 141 - 150 of 820 results for "Gear"

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
Nearly four months after Treasury received the Retirement Income Review's final report, it is expected to be released to the public tomorrow. An independent three-person panel of Treasury veteran Mike Callaghan, former Future Fund board member and ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

Findex appoints chief growth officer

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
Findex has announced the appointment of a chief growth officer to further support existing clients and grow Findex's customer base in Australia and New Zealand. Chris Carey will join the executive team at Findex, joining from Aon Australia where he ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Mater Misericordiae, Queensland's largest Catholic, not-for-profit hospital, has been acquired by Charter Hall Social Infrastructure REIT for $122.5 million. The Charter Hall Social Infrastructure REIT (CQE) announced it had entered into an agreement ...

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
A number of underperforming super options have been axed by Perpetual. Perpetual has terminated its Geared High Growth option, Geared Australian Share option and its Capital Guarantee option for Perpetual Select Super members. Members were notified ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
Life insurer MetLife is preparing for an increase in mental health claims in the wake of COVID-19, with the insurer acknowledging the psychological toll of financial hardship. "There is a direct connection between financial wellbeing and mental health. ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... operating conditions improve and LNK benefit from the PES acquisition," they said. "We can also see a pathway for Link to de-gear without raising equity." Since the wrap-up of the August 2020 reporting season, Credit Suisse said its order of preference ...

WAM makes LIC takeover bid

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Wilson Asset Management has made an off-market takeover bid for geared listed investment company Concentrated Leaders Fund (CLF) as a result of its ongoing poor performance and management woes. WAM is offering shareholders two of its shares for 3.7 ...

Equipsuper changes insurance premiums

KANIKA SOOD  |  WEDNESDAY, 26 AUG 2020
Equipsuper will increase the fund's total premium collections by 2%, as it changes rates for members after a review. The rejig will see premiums rise for some members and fall for others, alongside changes to their cover. For members whose premiums ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned after ASIC found he had failed ...