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Showing 301 - 310 of 4504 results for "Cover"

Axius names executive director

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
Axius Partners, a capital formation and advisory firm, has welcomed a new executive director. Phil Filippelis joins from Commonwealth Bank where he served as head of global portfolio solutions and deputy investment chief. "We are delighted to have Phil ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
Praemium appointed a chief financial officer to replace Dave Coulter in the interim. Simon Moore is the temporary finance chief as Praemium searches for permanent replacement. Coulter was in the chief financial officer role from March 2022. Prior to ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... superannuation for death benefits. Intended to prevent insurance premiums from eroding members' account balances for cover they mightn't need, the reforms saw a reduction of around five million lives insured, according to a research paper by ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... PAI's post-tax NTA per share or a mix of shares and cash. PM Capital, as the investment manager of PGF, has agreed to cover the premium and transaction costs for both companies, with PMC's costs subject to an agreed cap. In an ASX statement ...

HESTA hunts for portfolio construction and risk specialist

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
HESTA's general manager of portfolio construction and risk has exited the $93 billion super fund, underscoring the high number of senior turnovers in big super. The superannuation fund confirmed that Michael Sommers had exited and that it was looking ...

Australian Ethical delivers strong half-year results

MATTHEW WAI  |  THURSDAY, 27 FEB 2025
For the half-year ending 31 December 2024, Australian Ethical reported its net profit after tax (NPAT) increased by 50% to $9.3 million. The underlying profit after tax (UPAT) was up 35% to $11.5 million, and as previously mentioned, the ethical manager ...

AI's big moment? Not this year, says Fidelity

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
Artificial intelligence (AI) isn't expected to see its big breakthrough this year. Nevertheless, expectations for returns on capital are at their highest since the pandemic, according to Fidelity International's 2025 analyst survey. AI is expected to ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... provision for the penalty in its 2024 financial year accounts. Schroder said member administration fees did not increase to cover it. "Multiple member accounts are a problem across our industry and for several years our process wasn't comprehensive ...

David Paradice hires from Betashares

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Two Betahares sales staffers have departed the exchange-traded fund provider to take up a role with David Paradice. Christopher Yates, Betashares New South Wales state manager for the adviser business, has been appointed head of wholesale distribution ...