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Showing 2401 - 2410 of 18263 results for "Plan"

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
MaxCap Group has offloaded more than 12 hectares in Sydney's inner west to Brookfield. The Villawood site was the fifth asset acquired by the MaxCap Industrial Opportunity Fund (MIOF), which purchased it in May 2021. It has since received planning permit ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
ASIC named and shamed more responsible entities in need of improving their oversight of investment managers' marketing practices, raising concerns over five funds totalling about $705 million in assets. Ongoing ASIC surveillance identified concerns ...

BlockFi files for bankruptcy, crypto contagion worsens

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... resources for critical business functions during the Chapter 11 process. Though the company has also initiated an internal plan to considerably reduce expenses, including labor costs. BlockFi has US$256.9 million in cash on hand, which is expected to ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... purpose, on the topics they want, when they want it," he said. "The proposals would help millions of Australians put in place a plan to spend more of their superannuation with confidence and in a way that improves their financial wellbeing throughout ...

Pension fund buys up iconic Aussie vineyards

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
A major Canadian pension fund has acquired 35 vineyards from Australia's largest family-owned wine company, Casella. Through its subsidiary Southern Premium Vineyards (SPV), the Canadian pension fund manager Public Sector Pension Investments (PSP) owns ...

AZ NGA buys stake in SCM Financial Group

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
AZ Next Generation Advisory (AZ NGA) has acquired a stake in SCM Financial Group (SCM) following a competitive tender process. SCM's strategic partnership with AZ NGA will enable it to fulfil its key priorities including enhancing the group's service ...

Financial advice adds $150k in retirement: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2022
Research from Aware Super suggests members who access financial advice end up $150,000 better off in retirement compared to those that don't. From a sample of over 100,000 members, some of which received comprehensive advice, Aware Super found those ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... the board itself might not be empowered to appoint new directors," she said. Finally, she said a well-considered succession plan is a must, as is ensuring the boardroom is a safe place that allows directors to voice contrarian views without fear, promoting ...

Australian Ethical, Christian Super merger finalised

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
The successor fund transfer was completed on November 25, adding 28,000 new members to Australian Ethical Super. It comes mere months after the merger was confirmed in July, with Australian Ethical and Christian Super first flagging their discussions ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... transformations fail." Bingham cited a report that said failure could be attributed mostly to cultural reasons. "It's not the plan that will make the biggest difference, it's the leadership attitude to the transformation program that will shape success," ...