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Showing 371 - 380 of 5240 results for "finance"

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
The financial services industry has made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as ...

Industry must do more to improve women's financial literacy: Fidelity

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
While women are increasingly aware of the importance of their financial wellbeing, only 16% have sought financial advice to achieve their goals. Fidelity's Next Generation research surveyed over 1000 Australian consumers aged 18 to 59 years old, highlighting ...

Quinbrook, CATL to build battery storage solution

KARREN VERGARA  |  THURSDAY, 6 MAR 2025
Quinbrook Infrastructure Partners has partnered with global firm Contemporary Amperex Technology (CATL) to build a new long-duration battery storage solution backed by superannuation funds. CATL, a listed Chinese battery manufacturer and technology ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
Praemium appointed a chief financial officer to replace Dave Coulter in the interim. Simon Moore is the temporary finance chief as Praemium searches for permanent replacement. Coulter was in the chief financial officer role from March 2022. Prior to ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
... gender pay gap, although the WGEA says that they are making an effort. Financial services - which the WGEA classifies as finance, insurance, and superannuation organisations - slightly narrowed the gap from 23.6% in the prior corresponding period. The ...

Insignia Financial takes $53.5m profit hit

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... NAB. Insignia issued $200 million of subordinated loan notes (SLNs) to NAB in May 2021 as part of the funding package to finance the acquisition of MLC Wealth from NAB. The SLNs include an equity-linked component under which the Additional Return Amount ...

KKR backs Aussie GPs with financing deal

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... look forward to scaling our impact and our next phase of growth, we are delighted to collaborate with KKR on a flexible finance solution that not only is tailored to our stage of growth but also brings KKR's global knowledge and know-how to our platform," ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... not only in global custody but also data management, risk and performance analytics, currency management and securities finance," Kobayashi said. "We expect to provide a seamless transition for Mizuho's clients." Further, Mizuho head of global transaction ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
APRA's proposal to overhaul capital requirements for annuities is touted to be the most significant change for life insurers in more than a decade. The prudential regulator said it will detail its proposed changes in the second half of 2025. "This ...

Team Super finalises leadership

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Team Super has made two appointments to its senior executive team - a chief growth officer and a new finance chief. The new hires come one month after Sara Foreman joined as chief retirement officer from Aware Super. A former Australian Super executive ...