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Job vacancies up 15%: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... more than 190 roles to fill across Australia and Macquarie Group has about 130 roles to fill. The Commonwealth Bank has the next most vacant positions, with 80 roles advertised. ANZ is hiring for approximately 15 roles, AIA Australia for 10, Deloitte ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... superannuation. The event will continue from 2021 and further announcements about the online education tools are expected next month.

PrimeWest acquires asset manager

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... along with other VTF investors as its largest investor. We look forward to working with the VTH's existing investors in this next stage of growth," PrimeWest executive chair John Bond said. VTH will be renamed to PrimeWest Agri-chain Fund. It will also ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... HESTA members in the age 18-24 were left with a median account balance of just $1049 which is a median decrease of 78%. The next age group of members aged 25-39 were left with $3609 which is a decrease of 68%. The fund says 62% of female members who ...

Vanguard adds to Aussie executive lineup

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... implementation," he said. "His deep experience in product implementation and execution strategy is the perfect mix of skills for our next head of Personal Investor as we continue to challenge the status quo and provide Australian investors with more ...

Westpac sells legacy stake in Pendal

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... managed by Pendal, with a $1 billion tranche expected later this calendar year and a second tranche of about $0.08 billion late next calendar year. The strategic review of BT Wealth announced on May 4 may see further Pendal-managed funds withdrawn by ...

AIST celebrates Trustee of the Year

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... recognising his contributions." Vision Super trustee director Lisa Darmanin has been chosen to attend the institute's next global Dialogue conference on Smith's behalf. The privilege is normally reserved for the winner of the Trustee of the Year ...

Schroders nabs Mercer product boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... replaces the US-bound incumbent Stephen Kwa, who is set to formally begin his tenure with the firm's North American operation next week. Morcos enjoyed almost four years as the regional boss of Mercer's product and solutions management, taking responsibility ...

Asset managers leverage tech, outsourcing for growth

ALLY SELBY  |  WEDNESDAY, 17 JUN 2020
... Expanding into new markets was also a top priority for global asset managers, with 85% sighting this as a key focus area over the next two years. To achieve these priorities, the survey found that asset managers plan to leverage new technologies (64%) ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... restoration of growth is also critical to our public finances." Morrison said the government expects it will post a deficit for the next three years as a result of both COVID-19 relief measures and the economic hit caused by lockdowns. "There will always ...