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Showing 381 - 390 of 1803 results for "DAM"

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. The life insurer has set up AIA Financial Wellbeing, led by Pina ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

Aware Super hits $150bn, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
Aware Super has hit a new milestone, passing $150 billion in members' retirement savings. The fund also confirmed a new hire in its ESG team. Celebrating the milestone, the fund said it aimed to pass on the benefits of scale to members - most crucially ...

Christian Super reduces fees

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
The $2 billion superannuation fund has once again dropped its fees as part of a broader strategy to provide better outcomes for its members. On July 1, Christian Super's 30,000 members saw a fee cut of between five to 10 basis points for all diversified ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
Last week, the federal government announced exemptions for the insurance industry in relation to Royal Commission reforms. According to the Consumer Action Law Centre, these exemptions allow the insurance industry to side-step the Royal Commission recommendations ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
The $130 billion industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
AIA Australia has a new chair, separating its board from the board of AIA New Zealand. Theresa Gattung had been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired ...

FEAL welcomes new board directors

JAMIE WILLIAMSON  |  FRIDAY, 2 JUL 2021
The chief executives of Funds SA and BUSSQ have joined the board of the Fund Executives Association Ltd, replacing two long-serving directors. Effective July 1, Funds SA chief executive Jo Townsend and BUSSQ chief Damian Wills are now directors on the ...

QIC chief executive to retire

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 JUN 2021
QIC chief executive Damien Frawley has announced his intention to retire from the Queensland government owned investment management corporation. Frawley has led QIC for almost a decade. Prior to that, he was chief executive at BlackRock Australia and ...

Aussie investors optimistic about returns

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Australians hope that their diversified portfolios will continue to achieve double-digit returns as the pandemic shifts the economy to recovery phase, a new survey finds. Aussie participants in the 2021 Natixis global survey said COVID-19 has not dampened ...