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Showing 21 - 30 of 1863 results for Elizabeth McArthur

3000 advisers left industry last year

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
More than 3000 financial advisers left the industry in the last 12 months, according to Rainmaker's most recent analysis of the ASIC Financial Adviser Register. The number of ASIC-registered financial advisers decreased 15% through the 12 months to ...

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
The Australian Institute of Superannuation Trustees (AIST) is pressuring government to make super funds disclose the performance of choice products. In a submission to ASIC, AIST opposed the regulator's proposal to defer the requirement for super funds ...

Tattarang invests in plastic-free fabric

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
The Forrest family's investment firm Tattarang has pumped $26.8 million into next generation fabric technology. The investment was made as part of a Series B capital raise by US-based material innovator Natural Fiber Welding (NFW). NFW creates low carbon ...

Geopolitics to change ESG approach: Survey

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
A new survey from bfinance has found 39% of investors predict re-evaluation of ESG approach due to recent geopolitical developments. This is according to a snap poll from bfinance of 418 institutional investors from 39 different countries. The results ...

Pendal rejects Perpetual bid

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The Pendal board has determined the recent takeover offer from Perpetual is not in the best interests of shareholders. The conditional, non-binding indicative offer from Perpetual to acquire 100% of the shares in Pendal by way of a scheme of arrangement ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

BetaShares opens Perth office, hires

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
ETF manager BetaShares has expanded to Perth and hired to lead sales and client services in Western Australia. Brendan Prowse will lead BetaShares' sales and client servicing efforts in WA. Prowse joins BetaShares with 35 years' experience across funds ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Cbus Super and Media Super have merged, following a Successor Fund Transfer on April 9. The merger brings Cbus funds under management to $75 billion, managed on behalf of nearly 850,000 members. Cbus chief executive Justin Arter welcomed new Media Super ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Mayfair 101 founder James Mawhinney has launched an appeal against his 20-year ban from financial services. Mawhinney is also appealing a $30 million penalty handed down in the Federal Court to Mayfair 101 for misleading advertising. "The events of ...

Spirit Super investment bought out

ELIZABETH MCARTHUR  |  FRIDAY, 8 APR 2022
A company Spirit Super invested in and helped develop has been purchased by NASDAQ listed NetApp. Instaclustr was purchased by NetApp. Instaclustr is a platform for deploying and managing open-source data and workflow applications. Instaclustr was developed ...