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Showing 271 - 280 of 5146 results for "Rest"

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN | WEDNESDAY, 4 JUN 2025

HESTA has completed the transition of its member administration services to GROW Inc, restoring online services after a seven-week disruption to transactions and app access. HESTA, which has over one million members, said this marked the end of one ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN | TUESDAY, 3 JUN 2025

... action that the Australian government can take now is to rapidly and radically reduce the gap between the super-rich and the rest of society. We can't allow billionaire wealth to continue to rise unchecked while two million Australian households struggled ...

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON | MONDAY, 2 JUN 2025

... other senior executives to help drive its ambitious strategy. Nathan Dearinger has been appointed head of risk, joining from Rest where he was head of enterprise risk up until December last year. Prior to that, he held senior risk roles with Westpac ...

Apostle launches CastleKnight Management in Australia

KARREN VERGARA | MONDAY, 2 JUN 2025

Apostle Funds Management is bringing CastleKnight Management, a US$2.2 billion hedge fund manager, to Australia for the first time. New York-based CastleKnight will help Apostle deliver wholesale and institutional strategies by investing in mispriced ...

GAM nabs Janus Henderson equities team

ELIZABETH FRY | THURSDAY, 29 MAY 2025

Swiss fund manager GAM Investments has brought in a new team to run its flagship European funds in a move that signals renewed institutional interest in European markets. GAM has appointed a European equities team from Janus Henderson to manage its ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI | THURSDAY, 29 MAY 2025

Following the collapse of the cryptocurrency platform in 2019, former Blockchain Global director Liang Guo, also known as Allan Guo, is being sued by ASIC over multiple breaches of directors' duties. Guo was restrained from leaving the country following ...

Small construction firms drag productivity: CEDA

KARREN VERGARA | TUESDAY, 27 MAY 2025

... economy. It is critical to meeting our housing needs amid a deepening housing crisis, to building the infrastructure the rest of the economy relies on, and to ensuring Australia can meet its net-zero ambitions," Winzar said. "Yet the sector's multifactor ...

AMP super class action finally hits court

JAMIE WILLIAMSON | TUESDAY, 27 MAY 2025

A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ...

'Tensions' identified between FAR and other requirements

ELIZA BAVIN | MONDAY, 26 MAY 2025

The chief executives of several superannuation funds sat down with ASIC and APRA for a roundtable to discuss key issues related to the Financial Accountability Regime (FAR). As part of the discussions, the super fund chiefs emphasised the importance ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN | FRIDAY, 23 MAY 2025

... estimated that 200,000 missed LISTO payments over the past four financial years have cost low-income workers over $102 million. Rest, meanwhile, previously noted that the bottom 30% of households receive just 4% of super tax concessions. Rest said the ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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