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Showing 3621 - 3630 of 22130 results for "Tim"

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
According to the Association of Superannuation Funds of Australia (ASFA), the amount needed for a comfortable retirement has risen again in the September quarter. The ASFA Retirement Standard September quarter 2022 figures show that couples aged around ...

State Super welcomes former Deloitte partner to board

CASSANDRA BALDINI  |  THURSDAY, 17 NOV 2022
State Super has appointed former Deloitte partner Russell Mason as a director. Mason commenced his four-year term this month and has over 40 years of advisory experience in the superannuation industry. Most recently he worked as lead superannuation ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... not been made lightly. The stock exchange said it will continue to invest in the existing CHESS technology, while employing Tim Whiteley as project director to lead the next phase of the replacement plans, which may well leverage some of the technology ...

NGS Super chair to retire

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
After a decade in the role, Dick Shearman is retiring as chair of NGS Super. Shearman joined the NGS board in 2012 as a member representative director and became chair that same year. At the time, it had $4.4 billion and has since grown to $13 billion ...

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
Both Pendal Group and Perpetual have confirmed the terms of their takeover deal have changed, in addition to the Supreme Court ruling that Pendal could rightfully seek more than a break fee if the deal goes south. Both parties have agreed to revise ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Durack returns to Schroders

CHLOE WALKER  |  WEDNESDAY, 16 NOV 2022
The global investment firm announced several senior leadership appointments in its Asia Pacific business, including the return of Chris Durack in a key role. After a 17-year tenure, Schroders Asia Pacific chief executive Susan Soh will retire from the ...

Collimate deal nearly over the line

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
Dexus and AMP have confirmed that 'significant progress' has been made towards satisfying all conditions precedent for the transaction of Collimate Capital. The regulatory approval processes associated with both sales are ongoing, with the result that ...