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Showing 331 - 340 of 1223 results for "WALE"

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

LGS names deputy chair, director

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
The mayor of Penrith has taken on the role of deputy chair of the $12 billion Local Government Super, following the resignation of Bruce Miller. Miller was first appointed to the board in July 2011 and was a member of the governance, remuneration and ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
Attendees of the Financial Standard Chief Economist Forum in Sydney have been reassured that Australia's economic recovery has not just been good - it's been very good. That's according to La Trobe Financial chief investment officer and ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

Fund manager hires distribution director

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
A boutique fund manager has welcomed a director of business development to a newly created role. GQG Partners has expanded its wholesale distribution strategy in appointing Ashneel Naidu, who was most recently at Vanguard Investments. Naidu reports ...

Wealth group makes acquisition

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
A subsidiary of ASX-listed accounting firm Kelly+Partners has made a tuck-in acquisition of a financial services group on the New South Wales Central Coast. The subsidiary will acquire a 51% stake in the group which includes private wealth management ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
No more tears, fears... and hopefully snap lockdowns. Today, 22 February 2021, will go down in Australian history as VAC (vaccine against covid-19) Day (although Australian Prime Minister Scott Morrison and Chief Medical Officer Paul Kelly and 84-year-old ...

Charter Hall bleeds profits, appoints director

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... increased by 291 properties with rent increasing by $2 million as a result. In addition, the weight average lease expiry (WALE) increased from 8.6 to 9.1 years. Throughout the half-year, the property investment portfolio of $2 billion returned 10.9%. ...

Challenger wins $200m mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
Challenger has scored a $200 million mandate in indexed global equities from an industry fund. Local Government Super, which manages $12 billion in retirement savings for current and former New South Wales government employees, picked Challenger for ...