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Showing 1811 - 1820 of 9740 results for "Major"

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
The best financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according ...

Praemium profit, growth up

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... recent acquisition as the most important in the company's 20-year history. "The addition of Powerwrap positions Praemium as a major player in the fast-changing Australian wealth management landscape, and integration is progressing well," he said. "2020 ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The superannuation industry is not prioritising the threat of cybersecurity risk and lacks the systems and understanding to address such challenges, according to a new report. The survey conducted by The Gateway Network Governance Body (GNGB) and PwC ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
A major industry superannuation fund has promoted from within to fill a vacant general manager position. Rest's head of operations David Madden has been promoted to general manager, administration solutions and governance. He replaces Kieran Varcoe ...

Aware expands affordable housing portfolio

KARREN VERGARA  |  FRIDAY, 5 FEB 2021
... families. Aware Super's pledge to such projects nationally has ticked over $450 million. The project is the fund's second major essential-worker affordable housing venture. Some 100 essential-worker affordable housing units, which are part of the Alphington ...

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
Janus Henderson has announced its major investor, Dai-ichi Life Holdings, is selling its stake to refocus capital on its global insurance presence, with the two signing a revised strategic agreement. The asset manager announced in its full-year results ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... being increased," the AFA said. The association said it assumes one driver for the increase is ramped up action against major financial institutions, and argued that small, individual advice businesses should not be footing the bill. "Many of the advisers ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
Pinnacle Investment Management has reported strong first-half year results thanks to its strategy that has withstood the disruption of COVID-19. Funds under management for the ASX-listed firm grew to $70.5 billion at the end of December 2020 or 14% ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
A new report has revealed the number of companies Australia's largest super funds have rapidly divested amid pressure to invest with climate change in mind. Nine of the 40 largest super funds in Australia have now announced divestment from some of the ...

IFM to acquire energy company

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
... and heating solutions in North America. It was acquired by Brookfield Infrastructure in 2012 and currently operates in 13 major cities. Kyle Mangini, global head of infrastructure at IFM Investors, commented that the investment is aligned to both firms' ...