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Showing 1651 - 1660 of 5260 results for "SCA"

COVID not only health issue on Budget radar

TOM WATSON  |  TUESDAY, 29 MAR 2022
With Australia now moving into a 'living with COVID' stage of the pandemic, what are some of the other notable health spending measures outlined in this year's Budget? First of all, the government has allocated $2.4 billion over five years ...

PGIM hires head of wealth

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
The former head of wholesale sales at Macquarie Asset Management in Australia has taken on the newly created role at PGIM as it looks to expand its offering. Benjamin Price is now managing director, head of Australian wealth for PGIM, based in Sydney. ...

New scaled advice offering launches

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
A new digital, scalable financial advice solution has launched to help advisers cater to those who don't require a comprehensive offering. Scientiam, founded by Arch Capital managing director Nigel Baker, aims to assist advisers in servicing clients ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale. Diversa Trustees' OneSuper, formerly known as Smartsave, is home to 14 superannuation offerings including Allan Gray Superannuation ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
Globally, securities regulators are concerned about the boom in retail trading markets and are joining forces to address the issue. The International Organization of Securities Commissions (IOSCO) has published a consultation paper on retail market ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

ASIC issues warning to finfluencers

JAMIE WILLIAMSON  |  MONDAY, 21 MAR 2022
The corporate regulator has issued information for social media influencers who discuss financial products and the licensees who use them, warning they face substantial penalties if their content contravenes financial services law. The information sheet ...

GIC bolsters Australian real estate JV

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
Singapore's sovereign wealth fund GIC expanded its partnership with a local real estate fund manager by injecting its joint venture with an additional $2.4 billion. NorthWest Australia's healthcare real estate joint venture with GIC has reached ...

HESTA pushes forward with internalisation

ELIZABETH MCARTHUR  |  THURSDAY, 17 MAR 2022
The $68 billion industry fund for health workers is pushing forward with an ambitious internalisation program. The fund recently reached a key milestone, with its in-house Australian equities team now actively investing. The Australian equities being ...

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
We've only seen the start of consolidation in superannuation, with mergers to accelerate, according to a new survey from J.P. Morgan. J.P. Morgan's inaugural Future of Superannuation Report interviewed 12 super fund leaders, who collectively manage ...