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Showing 2771 - 2780 of 9316 results for "Red"

COVID-19 dampens CFO outlook

KARREN VERGARA  |  MONDAY, 24 AUG 2020
The global pandemic has left the majority of chief financial officers feeling pessimistic about the financial profitability of their companies, a new Deloitte survey finds. But many see a silver lining amid the doom and gloom. More than half (58%) of ...

Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
The $45 billion industry fund for hospitality, sport and tourism has increased optional insurance premiums for some members by up to 73.7%. Non-default salary continuance insurance premiums for Hostplus members will increase from 1 October 2020. Salary ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
Government should top up the superannuation balances of Australians who make less than $39,837 a year and genuinely accessed their superannuation under ERS, according to the Australian Institute of Superannuation Trustees. The body is recommending the ...

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and ...

Suncorp wealth business down

ELIZA BAVIN  |  FRIDAY, 21 AUG 2020
Suncorp has reported an 8% drop in funds under administration for its wealth business, as it posted a 6.8% fall in ongoing operations for FY20 as a result of COVID-19. Suncorp has been battered by extreme weather events, high reinsurance costs and low ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

AMP to release Pahari investigation findings

JAMIE WILLIAMSON  |  WEDNESDAY, 19 AUG 2020
The board of AMP will release the full report relating to the sexual harassment complaint made against Boe Pahari in 2017 by Julia Szlakowski. In a statement to the ASX, AMP said it has received consent from Pahari and is in the process of receiving ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... provisions be removed as they have increased the entry-level cost for clients to receive advice. "Annual opt-ins create extra red tape and also forces advisers to only consider ongoing service arrangements with the clients who are able to pay them enough ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Sunsuper is making a raft of changes to its investment fees and costs, transactional and operation costs and the definition of Total & Permanent Disability (TPD). Effective 1 July 2020, Sunsuper updated their fees and costs. Overall, the fees and costs ...