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Showing 1911 - 1920 of 9740 results for "Major"

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Complaints made about financial services have almost doubled since last year, according to the Australian Financial Complaints Authority (AFCA). In its yearly report, AFCA revealed complaints had risen to 80,546 from 47,223, which is a 14% increase ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... environment has been unfavourable for traditional equity income strategies," Pengana said in a letter to investors. "The major banks and many other traditional dividend payers have underperformed companies with lower dividend yields that do not meet ...

Iress delivers on advice, super

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... restrictions, we are continuing to prioritise the health and wellbeing of our people and delivering service continuity and major projects for clients," he said. Despite some impact from the pandemic, Walsh said he expects increased revenue and improved ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... second lockdown. "US is more optimistic than UK and Europe [at the moment]," he said, adding it was very hard to draw any major conclusion out of the US elections' outcome and any potential impact on fundraising. Locally, Pendal has been a winner ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
Recruitment activity in the superannuation industry has surged as many want to hire professionals skilled in the areas of data, ESG and risk, Kaizen Recruitment data reveals. Less than 5% of superannuation fund executives told the specialist recruiter ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... settlement for McVeigh could have far-reaching implications for investors and climate change. "This marks the first time a major Australian super fund has agreed to settle litigation about the material financial risk of climate change and what needs ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... it." He said the firm is "very comfortable" with institutional inflows over next six to 12 months, barring an event like a major correction.

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... being an appealing offer for shareholders it would be a good one for management. "They can all move on from this disaster. Major shareholders probably will hold out for something above $2. It is the start of a song and a dance to settle on a price around ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
A government agency has botched superannuation benefit payments spanning a decade, affecting more than 56,000 employees who are owed tens and millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions ...