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Showing 1881 - 1890 of 33582 results for "Over"

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... interest in Platinum, acquiring a 9.6% share from Platinum founder Kerr Neilson. Neilson also granted the firm a call option over part of his remaining interest which can only be exercised if a competing proposal for Platinum arises. If exercised, L1 ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
Members of small and medium-sized super funds have become "collateral damage" in an imperfect regulatory funding model, CPA Australia says, in response to Treasury's proposed levy changes for 2025-26. CPA Australia superannuation lead Richard Webb said ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

Work from home saves employees $5308

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... participation, compared to the pre-COVID trend, has increased by 4.4%. Those who work from home half of the time work just over 9% more hours per week. "This can be due to a range of factors such as being able to add an extra day of work, using the time ...

Cbus chief investment officer resigns

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... deliver them the best investment returns, and retirement outcomes, is unquestionable. He has lived and breathed Cbus for over 12 years and members are undoubtably much better off because of it." Gavin has been deputy chief investment officer since February ...

WA takes the economic crown: CBA

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
For the third quarter in a row, Western Australia topped the economic leaderboard in the latest CommSec State of the States report. Victoria made the biggest leap, overtaking both Queensland and South Australia to move into second place. The State of ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... the erroneous cancellation of Income Protection insurance for members when they left their employment. This issue affected over 1500 members and resulted in remediation costs of $1,430,426. Additionally, AFCA reminded super funds that rollovers must ...

Acenda forms innovation function to create new insurance propositions

ANDREW MCKEAN  |  TUESDAY, 29 APR 2025
... development of new insurance propositions for more Australians. The function will be headed by Lynton Pipkorn, who spent over a decade at Suncorp, including in roles such as group innovation manager across its banking, wealth, life, and general insurance ...

MFS expands Australian offering with contrarian strategy

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... familiar with the businesses and industries involved," MFS said. "With an investment objective of long-term capital appreciation over a full market cycle, it invests in a diversified portfolio of global equity securities of companies located in developed ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
ETF Shares, Australia's first new index ETF issuer in more than a decade and the country's only locally owned provider, is preparing to launch. The firm is led by Cliff Man as chief executive, David Tuckwell as chief investment officer, and Arjun Shanker ...