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Showing 3141 - 3150 of 9473 results for "tech"

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... products which lost investors more than $30 million. The Federal Court has found that AGM Markets, OT Markets, and Ozifin Tech engaged in systemic unconscionable conduct while providing derivative products to retail investors. According to the Court ...

Link's superannuation arm takes a hit

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... million across six segments: retirement and super, corporate markets, fund solutions, banking and credit management, and tech and opertaions, and Link Group. Overall, the firm posted a statutory net profit after tax of just $29 million, 85% down on the ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
Embattled wealth manager Evans Dixon has revealed it fired 20% of its staff, as it reports its underlying earnings were down 22% for the half-year to $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Australia's superannuation funds are the worst offenders when it comes to meeting the needs of the over five million Australians who do not speak English at home, according to new research. A survey conducted by LanguageLoop found that 81% of respondents ...

Sargon finds buyer for trustee business

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
Sargon has found a buyer for its trustee and responsible entity businesses, as OneVue and Taiping Trustees chase the ultimate holding company for outstanding payments. Ernst and Young this morning said it has entered into an exclusive sale agreement ...

New ETF for ASX All Tech Index

KANIKA SOOD  |  TUESDAY, 25 FEB 2020
Investors looking to ride the freshly-minted S&P/ASX All Tech Index will have access to a new ETF from BetaShares next week, but the fees are not cheap. The BetaShares S&P/ASX Australian Technology ETF (ATEC) is expected to list on March 5 investing ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
The government's superannuation guarantee amnesty bill was waved through the Senate yesterday, almost two full years after it was first introduced to the parliament. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 yesterday ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...

Carbon footpath important, not footprint: AXA

ALLY SELBY  |  MONDAY, 24 FEB 2020
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether. AXA Investment Managers found that listed companies are responsible ...

All-tech index offers new opps in financial advice

MICHELLE BALTAZAR  |  FRIDAY, 21 FEB 2020
For investors keen to claim their stake in local tech companies early in the wave, financial advisers have a new solution. Today the Australian stock exchange launched a new technology index, the S&P/ASX All Tech index, which in its early days will ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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