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Showing 2501 - 2510 of 20552 results for "BEN"

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
Most economists have flagged that the cash rate will rise again today, despite inflation having eased. A Finder survey said 88% of experts believe the cash rate will grow to 3.1% in December, which would be an eighth consecutive rate rise. Finder head ...

Mercer identifies investment opportunities for 2023

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
Mercer Australia has constructed a series of themes that it believes can help shape investor decision making, giving them the best chance of long-term success. Although the world is in a state of flux on various fronts, including an economic slowdown ...

ASIC launches civil action against American Express

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
ASIC has commenced the first ever court case in relation to alleged breaches of design and distribution obligations (DDO). The case concerns two credit cards issued by American Express (Amex) that were co-branded with retailer David Jones (the credit ...

Super funds complete mergers

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The merger of HESTA and Mercy Super has been finalised, as has that of UniSuper and Australian Catholic Superannuation and Retirement Fund. About 13,000 Mercy Super members and their assets have moved to HESTA, bringing its total funds under management ...

MA Financial secures $70m for property fund

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
MA Financial has raised $70 million for its MA Allendale Square Fund. The Perth office tower gained interest from high-net-worth investors (HNWI) across the firm's domestic and international client bases. The financial services firm explained it was ...

Talaria hires head of sales

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
Talaria Asset Management has named Lance Oliver as its head of sales. Oliver stepped into the newly created role today and is based in Talaria's Melbourne office. He will be responsible for leading the business development team and will help support ...

CareSuper appoints chief executive

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
CareSuper has named its new chief executive, taking over from Julie Lander. Michael Dundon will become CareSuper's chief executive in March 2023. He was previously chief executive of VicSuper before it merged with First State Super to create Aware ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
A $2.3 billion corporate super fund has commenced the search for a successor fund following an independent review that found it would struggle to satisfy members' best interests in two years' time. The Alcoa of Australia Retirement Plan has ...

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Almost two years since pooling their assets, the two funds have officially signed a successor fund transfer deed. Expected to take place in September 2023, the merger will see Maritime Super members transferred to Hostplus and all Maritime Super assets ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
Crescent Wealth has responded to a significant event notice that said the fund's estimated costs weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth ...