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Showing 231 - 240 of 1591 results for "Light"

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
More than seven years on from when talk of a CHESS replacement began, the ASX has confirmed it will go back to the drawing board, writing off about $255 million in investment already made. The bourse first touted it would look to replace CHESS in February ...

Nuveen, Lighthouse back housing projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2022
Adelaide will see a new student accommodation housing project via Nuveen Real Estate, while SGCH's affordable housing project with Lighthouse Infrastructure will expand in Western Sydney. Nuveen Real Estate will partner with Flinders University on The ...

Chalmers gives Equity Trustees green light on AET

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
After months of waiting, Equity Trustees has received ministerial approval to officially acquire Insignia Financial's Australian Executor Trustees (AET). Approval by treasurer Jim Chalmers was a condition precedent to completion of the $135 million ...

Northern Trust appoints APAC head of digital assets

CHLOE WALKER  |  MONDAY, 14 NOV 2022
... across the funds administration and custody sector, with the APAC region experiencing a transformational period of change in light of new technologies." Northern Trust announced the formation of its digital assets and financial markets group in June ...

Complacency the biggest risk to retirement: Forum

CASSANDRA BALDINI  |  THURSDAY, 10 NOV 2022
The biggest threat to retirement portfolios could be complacency, Vertium Asset Management chief investment officer Jason Teh has told the Financial Standard Best Practice Forum on Retirement Income. Speaking at today's event, Teh warned bull markets ...

Government eyes crackdown on super tax concessions

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Concessional tax arrangements for high balance super funds will be reviewed by the government. Assistant treasurer and minister for financial services Stephen Jones spoke at the Australian Financial Review Super & Wealth Summit, saying the taxation ...

Packhorse lists cattle stations for sale

CHLOE WALKER  |  MONDAY, 7 NOV 2022
... purchase these assets," Auty said. Expressions of interest are invited by December 15. Strachan passed away in August in a light plane crash. The accident also killed Strachan's son Noah, and pilot Garry Liehm.

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... growing and diversified portfolio." "We expect this strategy to add resilience to Hostplus' asset class structure in light of the increasing market uncertainty." He added that he looks forward to working with Bell to manage a global small and mid-cap ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... the pension. "I don't think any developments are moving towards a universal pension, I wouldn't read it in that light at all," he explained. "The government clearly wants to reduce the deficit and make its financial position is stronger. It's ...