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Showing 141 - 150 of 1863 results for Elizabeth McArthur

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ...

Skill shortages hitting advice firms hard

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
The financial advice sector is facing a shortage of skills, forcing firms to change how they do things to attract talent. Profusion divisional director Chris Gordon said he has observed a skilled staff shortage in advice, particularly for client service ...

Co-founder departs Future Super

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
One of the co-founders of environmentally friendly superannuation fund Future Super has departed after eight years. Adam Verwey, who founded Future Super with Simon Sheikh in 2014, has left the fund. "Adam is taking time out to take a break and travel ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
MP Jason Falinski spent the most recent House Economics Committee hearing probing the implications of super funds creating "rainy day funds" to pay for possible fines and sanctions. At the beginning of the hearing, Falinski asked University of NSW professor ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... them to exercise their powers as shareholders to act on the report. The independent report was recently released by Elizabeth Broderick and Co. It found that, of all Rio Tinto's global divisions, bullying and sexual harassment were highest in its iron ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Hostplus introduced a new trustee fee, after receiving Supreme Court approval to apply the fee to create emergency reserves. The amount will vary based on members' balances, but a Hostplus member with $50,000 in savings can expect to be charged an extra ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

Boards still lagging on diversity

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
The latest report from Deloitte and 30% Club Australia questions whether boards are fit for purpose, especially when lacking diversity of experience or background. The report, titled Bold moves in the boardroom, asked whether boards are set up to navigate ...

CBA posts strong result, dividend

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
Commonwealth Bank reported first half results for 2022 with profit and dividend up significantly on the first half of 2021. The big bank reported statutory NPAT of $4.7 billion, up 26% on 1H21. Cash NPAT was up 23%, also at $4.7 billion. CBA paid a ...

GAM partners with Liberty Street

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
GAM Investments announced that it has entered a strategic partnership with Liberty Street Advisors. Liberty Street is a private market investment firm focussed on late stage, high-growth innovation companies. Through the new partnership, GAM plans to ...