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Showing 151 - 160 of 1322 results for "Stage 2"

AIA Australia names head of wellbeing

MATTHEW WAI  |  THURSDAY, 1 AUG 2024
The wellbeing team is now part of the life insurer's shared value partnership team, following a strategic decision to maximise support for customers. AIA Australia has announced the new wellbeing team structure and welcomed Lucy Hartley as head ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
Financial advisers may have lost nearly 18% of their client books because of fee increases in the last financial year but are reporting higher profit margins, a new Investment Trends analysis shows. Advisers went from servicing 120 clients on average ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
Spirit Super, which is on track to be the successor fund to CareSuper after a planned merger this year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and ...

QIC backs new venture capital initiative

ELIZA BAVIN  |  MONDAY, 15 JUL 2024
The Queensland Investment Corporation (QIC) has backed a new initiative to address underrepresentation of female investors in venture capital. The initiative, 77 Venture Fellows, is a venture capital deep emersion program for 10 female candidates, with ...

Federation AM acquires Homesafe

ELIZA BAVIN  |  MONDAY, 15 JUL 2024
Federation Asset Management has acquired Homesafe Solutions, aiming to drive innovation and expansion in the equity release market. Homesafe Solutions was established in 2005 by Peter Szabo and is the provider of Homesafe Wealth Release. Federation ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator of utility-scale battery energy storage systems (BESS). This represents the first investment by HMC's Energy Transition platform which is seeking ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
Queensland Investment Corporation (QIC) has announced a new investment in a Brisbane-based biotech start-up. Gelomics has developed a 3D tissue culture system that allows scientists to grow microscopic representations of human tissue to eliminate the ...

Brighter Super launches Retire Easy Pension

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2024
Brighter Super has introduced the Retire Easy Pension strategy, which involves dividing a member's retirement savings into three distinct buckets. Launching the product last month, Brighter Super said it marks the first stage of the fund's new ...