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Showing 391 - 400 of 4269 results for "Yesterday"

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... into its partnership with Hostplus. In his appearance at the House of Representatives Standing Committee on E conomics yesterday Maritime Super chief executive Peter Robertson said its decision to invest via Hostplus doesn't preclude a merger. In ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... according to Silk. He also argued that the free, opt-out subscriptions were a form of engaging with members for the fund. Yesterday, multiple publications reported that IFM Investors had put Tandem Group (a telecommunications company which it owns) into ...

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
... returns, on the back of strong markets and a 1.5% to 2% alpha contribution. Cbus chief investment officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" from the FY20 when Cbus's MySuper delivered 0.75% for the ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... O'Neill'smotion to set up an inquiry into the agency through the Senate Legal and Constitutional Reference Committee was approved yesterday. O'Neill wants the government to look into what she refers to as the failures of Australia's anti-money laundering ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
Washington H Soul Pattinson will pay about $4 billion for a scrip merger with LIC Milton Corporation, as it chases liquidity for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
... some saying it will lead to worse outcomes for members. The Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will delay benchmarking and stapling until November. The Australian Institute of Superannuation Trustees ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... suggested that it was suspicious that Hanson had recently turned 67 herself. "The amendment Senator Hanson circulated yesterday had one objective - to give a generous tax concession to high income earners, in other words a pay rise, 67-years of age or ...

IOOF completes merger, appoints executives

ELIZABETH MCARTHUR  |  TUESDAY, 1 JUN 2021
IOOF completed its acquisition of MLC Wealth from National Australia Bank yesterday, adding 406 financial advisers to IOOF and making key appointments. Nine months after announcing the deal, IOOF has integrated MLC Wealth in a move that has also doubled ...

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... its investment team, with the specific skill sets of identifying good external managers. Appearing at senate hearings yesterday Future Fund chief executive Raphael Arndt and chief investment officer Sue Brake confirmed the additional hiring. The Future ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The rise of ethically minded financial advisers has reached the point where clients have been sacked because they do not align with their values. This is according to Zurich risk strategy specialist Adam Crabbe, who is seeing a shift in the emergence ...