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Showing 3771 - 3780 of 19417 results for "One"

HESTA awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
One of Australia's largest super funds, $60 billion industry fund HESTA, has selected a software-as-a-service platform to manage its finance operations. TechnologyOne was selected by the fund to streamline financial reporting, with the aim of allowing ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... disappointment -- 266,000 jobs in April (revised up to 278,000 in the latest report, well-below market expectations for a nearly one million gain (978,000 to be exact). A repeat of the 'bad news is good news' view that prevailed a month ago. ...

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... products that lowered their fees, was smaller than the December quarter. "While a 37% quarterly fee decrease ratio is huge, it's one-third lower than the 56% ratio it was last quarter. The implication is that there is an overwhelming trend towards super ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... insurance coverage or the wrong insurance policy if the stapling reforms are passed into law. Under the reforms, workers will have one default fund that follows them from job to job. "Some total and permanent disability (TPD) and life insurance policies ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... South Australia and Tasmania, offering $1 per share at the time. Roc Partners, an alternative investment management firm, at one point was in the race to acquire VTH. On June 4, VTH told shareholders that it has not received a superior offer from Roc. ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... London. It is open to corruption and cartel behaviour due to the nature of relying on estimates submitted by the big banks in one city. The need to transition away from LIBOR became apparent in 2012 when significant collusion between big banks in the ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... founders of Primewest, who hold a 53% stake in the company, have accepted Centuria Capital Group's merger offer to become one of the largest real estate managers on the ASX. The Primewest founding directors John Bond, David Schwartz and Jim Litis have ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... demand for oil. Already, the small increase in oil output has put further upward pressure on prices (as we've seen) - one, that's bound to act as an impediment to continued improvement in global growth. Rising oil prices, after all, are a tax ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
In the words of Frank Sinatra, Australia's now "A-number one, top of the list, head of the heap, king of the hill..." Ol' blue eyes was, of course, singing about the Big Apple (New York) but comparing apples with apples, Australia's on top. ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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