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Showing 3901 - 3910 of 15784 results for "TER"

Aged care workers depended on ERS: Research

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
Aged care employees relied more on the early release of superannuation (ERS) scheme compared to other workers health and community services sectors, research from HESTA reveals. The proportion of HESTA members who work in aged care and childhood education ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
Mainstream has received an updated offer from Apex Group after it terminated discussions following a superior bid from SS&C. Apex has made a new offer of $2.65 cash per share, upping its prior bid by 10 cents and bidding 9 cents more than SS&C's ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The children of those in their 40s, 50s, and 60s are likely to be significantly worse off financially than their parents, with the intergenerational wealth gap only widening. Speaking at the Conference of Major Superannuation Funds, Taylor Fry principal ...

Life insurers getting into rehab concerning: SCA

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Life insurers offering rehabilitation services of policyholders has its demerits, says Super Consumers Australia director Xavier O'Halloran. Speaking at a panel on the future of life insurance in Australia, O' Halloran said while insurers getting ...

EFM appoints EQT on Aussie launch

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
EFM Asset Management is entering the Australian market and has appointed Equity Trustees as the responsible entity for its local offering. The Hong Kong-based global equities specialist is launching the EFM Global Financial Services and Technology Trust ...

Prince urges funds to join sustainability initiative

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative. The Prince used his appearance to discuss the latest work from his Sustainable ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
BlackRock has advanced its expansion into China, obtaining a licence from the local regulator to operate in wealth management via a joint venture. China Banking and Insurance Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management ...

Jarden gets market participant licence

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
Jarden has been admitted as a market participant to the ASX and the Chi-X. The investment and advisory firm said the admission accelerates the growth of its institutional equities franchise in Australia. Jarden has appointed ABN Amro as its clearing ...

UBS shuts fund

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
UBS Asset Management Australia is winding up the UBS-HALO Australian Share Fund. The termination was effective April 28. The strategy, where HALO stood for high alpha long term opportunity, invested in about 20 ASX-listed stocks. It is one of the lineup ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The New Zealand government's review of default KiwiSaver providers has resulted in AMP not being reappointed. New Zealand's default retirement savings scheme KiwiSaver works by having a network of default providers which manage client money in balanced ...