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Showing 2401 - 2410 of 20552 results for "BEN"

Cboe Australia chief exits, successor named

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Cboe Australia appointed a new chief executive, with the incumbent stepping down at the end March. Vic Jokovic vacates the top job on 31 March 2023 and will be succeeded by AllianceBernstein executive Emma Quinn, who will assume the title of Cboe Australia ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ...

Zurich wins group insurance mandate

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
A $30 billion superannuation fund chose Zurich to provide group insurance for its 250,000 members. Brighter Super members will see their insurance provider change to Zurich Financial Services Australia from 1 July 2023. Zurich replaces incumbent group ...

Praemium extends partnership with largest client

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Praemium's wholly owned subsidiary Powerwrap has renewed its partnership with Escala Partners for a further six years. Escala Partners is Praemium's largest client, with approximately $7 billion of funds under administration on the Powerwrap platform. ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
Former Perth financial adviser Rahul Goel and Sydney-based adviser Sean John Sweeney have been permanently banned from having any involvement in financial services. In December last year, Goel was sentenced to three years in jail for fraud offences ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Rest welcomes super heavyweights

ELIZABETH FRY  |  FRIDAY, 10 FEB 2023
Rest, the industry fund for retail employees has further strengthened its investment team by appointing two high-profile investment professionals. Spirit Super general manager strategy and risk Paul Docherty has arrived as head of portfolio construction ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
VanEck portfolio manager Cameron McCormack forecasts a bright outlook for value companies in 2023, particularly among Australian equities. "We think value companies are likely to outperform in 2023," McCormack said. "We're entering a period that echoes ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector. Touted as pioneers in the super industry, the likes of Future Super and Virgin Super ...