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Showing 1631 - 1640 of 4761 results for "July 2014"

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
IFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation ...

Industry fund changes asset consultant

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A $12 billion industry superannuation fund has appointed a new asset consultant, ending a 17-year relationship with Willis Towers Watson. LGIAsuper has appointed JANA to act as its asset consultant, marking the third of its key external contracts to ...

Asset manager implements advisory board

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
A $2.2 billion privately-owned wealth and asset manager installed an advisory board in an effort to improve decision making. Elston Group has implemented a new advisory board, appointing former long-time JB Were and Goldman Sachs/JB Were managing director ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million. ASIC estimates the total gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged ...

Deeming rate calculations should be independent: Poll

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
The majority of Financial Standard 's readership agrees the calculation of deeming rates should be appointed to an external, independent body. After the Federal Government lowered deeming rates from July 1, we wanted to find out if the Minister ...

Government to close super salary sacrifice loophole

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
New legislation will enforce stronger protections against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Morrison Government is reviving its Consumer Data Right bill - which includes the Open Banking changes that would give consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer ...

REI Super names new chief executive

KARREN VERGARA  |  TUESDAY, 23 JUL 2019
REI Super has named its new chief executive to replace long-serving incumbent Mal Smith, who steps down this year. Jarrod Coysh, who was most recently group executive of employers, strategy and corporate development at Cbus, is the new chief for the ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
The Government's move to reintroduce its member interests superannuation reforms continues to rile pockets of the super sector. The national advocacy group for women employed in superannuation and financial services, Women in Super (WIS), has condemned ...

Super fund hires strategy lead from MLC Life

KANIKA SOOD  |  MONDAY, 22 JUL 2019
An $80 billion industry superannuation fund has hired a former MLC Life chief customer officer. Anand Thomas is joining UniSuper as chief strategy and marketing officer, in a role that will work closely with the chief executive Kevin O'Sullivan. ...