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Showing 2221 - 2230 of 4415 results for "Ele"

ME names chairman replacing Weaven

MARK SMITH | WEDNESDAY, 13 JAN 2016

ME has named the person taking over from not-for-profit sector heavyweight Garry Weaven as chair of the industry fund-owned bank. Ken Hodgson, who joined the ME board in January 2012, took over from Weaven on 1 January 2016. The decision was ratified ...

IFM Investors sell Pacific Hydro to SPIC

DARREN SNYDER | FRIDAY, 18 DEC 2015

Global fund manager IFM Investors has sold Australian clean energy company Pacific Hydro to the Chinese-based State Power Investment Corporation (SPIC). IFM Investors was not surprised by the level of buyer interest in the business which runs 19 wind ...

Pillar layoffs unrelated to privatisation

ALEX BURKE | FRIDAY, 18 DEC 2015

Pillar Administration has denied that calls for voluntary redundancies are related to the upcoming sale of the company. In fact, Pillar chief executive Peter Brook explained, the superannuation administrator had been planning to reduce employees since ...

FPA charity names new chair

MARK SMITH | WEDNESDAY, 16 DEC 2015

Future2, the charitable foundation of the Financial Planning Association of Australia (FPA), has appointed Matthew Rowe as chair and added three new directors/trustees. Rowe has been the Future2 chair elect since 2014. He joined the Future2 board in ...

Paying women more super not the answer

DARREN SNYDER | TUESDAY, 15 DEC 2015

Senator Jenny McAllister believes many people don't feel comfortable with the idea of paying women more superannuation as a government response to fix the gender retirement savings gap. McAllister, who chairs the Senate enquiry in to economic security ...

Latest Power50 list unveiled

MARK SMITH | WEDNESDAY, 9 DEC 2015

This year's most influential people in social media within the Australian financial services industry have been unveiled in the latest FS Power50. Now in its third year, the annual list recognises the leading lights driving the conversation mainly on ...

Whitehelm Capital acquires 49% stake in GE business

ALEX BURKE | MONDAY, 7 DEC 2015

Whitehelm Capital has acquired a 49.9% stake in General Electric Energy Financial Services' Worsley Multi-Fuel Cogeneration (Worsley Cogen) power plant. Worsley Cogen is valued at $1.2 billion and GE will retain a 50.1% stake in the business. It generates ...

Over 30% SMSFs hold low balances: research

LAURA MILLAN | MONDAY, 7 DEC 2015

A total of 32% of self-managed super funds (SMSFs) surveyed in a recent study held less than the $200,000 soft benchmark recommended by ASIC. The latest Financial Services Council (FSC) and UBS SMSF report shows that 19% of the 601 funds surveyed hold ...

FoFA end marks start of new advice era

LAURA MILLAN | MONDAY, 30 NOV 2015

The passing of the last amendments to the Future of Financial Advice (FoFA) legislation puts the controversial bill to bed and marks the start of a new age for financial advisers. Years of policy tinkering and regulatory uncertainty ended last week ...

GE Capital to exit Australia

ALEX BURKE | THURSDAY, 26 NOV 2015

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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