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Showing 301 - 310 of 2815 results for "Division"

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division "to an acceptable level of profitability and allow for incremental reinvestment into growth areas." It follows a "root and ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... transition to the contemporary Evolve platform in April." Among the group's strategic initiatives is the client wellbeing division it created last year. Today Insignia confirmed it is to be led by Chris Weldon. He was previously Insignia's chief transformation ...

Advice group awards mandate to JANA

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2024
... to $2 billion in funds under advice has selected JANA as its investment consultant. The consulting group's wealth division was awarded a mandate by Alteris Financial Group, effective December 2023. It covers asset allocation, manager selection and ...

TAL appoints chief claims officer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... Croft began her career on Westpac's corporate legal counsel before becoming chief of staff of the institutional bank division. She then became chief operating officer of life, general, and lenders mortgage insurance at BTFG before taking on a newly ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... transaction settlement on January 12, MSC Trustees now has some $30 billion in funds under appointment in acquiring the division of the Certane Group, which provides retail custody, and trustee and agency services to asset managers and financial product ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
... you simply cannot include provisions that prevent individuals from contacting the SEC with evidence of wrongdoing," SEC Division of Enforcement director Gurbir S. Grewal said. "But that's exactly what we allege J.P. Morgan did here. For several years ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
Commonwealth Superannuation Corporation (CSC) is changing the structure of its administration fees across ADF Super, the Public Sector Superannuation accumulation plan (PSSap) and CSC retirement income (CSCri). From March 1, members across these divisions ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... and growing inequality, Oxfam Australia chief executive Lyn Morgain said. "Across the globe, we have begun a decade of division, with billions of people shouldering the perilous economic shock of the pandemic, inflation, and war, while billionaires' ...

EQT operations, finance chief steps down

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Philip Gentry, Equity Trustee's (EQT) chief operating officer and chief financial officer, is stepping down from the dual roles after eight years. EQT board chair Carol Schwartz said Gentry "played a pivotal role in helping reshape EQT". "His contribution ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... Super MySuper failed for the second time. All members in Retirement Wrap were transferred to Asgard Independence Plan Division Two which, like the Panorama options, did not transfer to Mercer. 3) Retail super funds plan to merge (July 26) In July, Colonial ...