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Showing 3351 - 3360 of 18263 results for "Plan"

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

ASIC red tape unit welcomed

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
The government has welcomed the corporate regulator's plan to establish a unit with the sole aim of reducing regulatory costs for businesses and consumers. The red tape unit will be responsible for identifying and implementing changes to how ASIC administers ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
QIC has appointed a new chief investment officer for its $58 billion state investments team, as the incumbent retires. Allison Hill succeeds Jim Christensen who is retiring after five years with the firm. Hill joined QIC in January 2018 after working ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... HESTA's path of internalising its investment team. The fund has made a raft of appointments in recent months to bring this plan to life. Jeff Brunton joined as head of portfolio management, Kim Farrant as general manager responsible investment and ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Another portfolio manager has left AMP Capital for a $3.2 billion Sydney investment firm, as the latter readies a new fund. Fiona Manning joined Apostle Funds Management on August 30 as a portfolio manager for a soon-to-be launched fund, the Apostle ...

Zurich introduces gender affirmation leave

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Zurich Australia and New Zealand has strengthened its support for LGBTQ+ workers by introducing gender affirmation leave. Zurich's new gender affirmation policy provides transgender and gender diverse team members access to assistance if they choose ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Antares hires from Dimensional

KANIKA SOOD  |  MONDAY, 30 AUG 2021
... processes that Dimensional employs, Gillian's departure will have no material impact on the management of portfolios. We plan to add further resources to the fixed interest team over the coming months, through both external hires and internal appoint ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
The federal government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...