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Showing 2651 - 2660 of 22782 results for "Funds"

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
The Super Members Council of Australia (SMC), the new advocacy body representing profit-to-member super funds, has appointed Misha Schubert as its inaugural chief executive. Schubert will move to SMC following a tenure as chief executive at Science ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... net profit before tax to the group on an annualised basis. Further, WTL said the M3 network will add circa $5 billion in funds under advice (FUA) and more than $150 million of in-force risk insurance premium, bringing its FUA to $23 billion and in-force ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... suggests current legislative and tax settings are inconsistent in that they support the mergers of whole superannuation funds but not the modernisation of products and investment structures within a superannuation fund or managed investment schemes. ...

Stockland recruits AMP Capital real estate lead

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... owned investments and the growing capital partnership platform. O'Connor brings over 25 years of experience in property funds management to the role, having spent 14 years at LendLease and eight years at AMP Capital. Most recently, she served as ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... officially transitioned to Australian Retirement Trust (ART), marking the latter's largest corporate merger. The two funds have completed the successor fund transfer, initially agreed to in February this year. They signed a non-binding heads of agreement ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... intense scrutiny by the prudential and investment watchdogs. The regulators have warned of a crackdown if superannuation funds don't do more to help Australians achieve a secure and dignified retirement. Hence, the loss of a specialist like Thornton ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... 'advanced' knowledge, compared to 47% globally. In terms of investment preferences, Australians lean towards managed funds, private assets like private equity, and cash or equivalents. Notably, they are less inclined than the global average to ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... Australians," she said. "We urge the Parliament to pass the bill at the earliest possible opportunity." The Association of Super Funds Australia (ASFA) also praised the legislation for centring superannuation policy on preservation, retirement income ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Global pension funds are increasing investments in Australian agriculture, the nation's second-largest real estate sector, prompting Warakirri Asset Management managing director Jim McKay to question the relative absence of superannuation funds. Warakirri ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... novated leasing, and insurance broking. Additionally, COG said it remains focused on building a scaled company in retail funds management. "The strategic rationale for the acquisition of the CAF interest is that it builds on the first limb of COG's ...