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Showing 4211 - 4220 of 18263 results for "Plan"

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
Over half a billion dollars of unpaid superannuation has been reunited with workers, as employers take advantage of the amnesty period to "wipe the slate clean". About 24,000 employers have admitted to underpaying staff approximately $588 million in ...

Global pension fund doubles down on APAC

JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... Asia Pacific, establishing a new office focused on opportunities in Australia and New Zealand. Ontario Teachers' Pension Plan Board (OTPP) opened a new office in Singapore today, marking the fund's commitment to the region. The new office will target ...

Australian Ethical hires from BlackRock

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
Australian Ethical has announced two new appointments, with one role being an internal hire and the other coming from BlackRock. Jeannie Bredberg will take on the role of senior manager - adviser relationships for Victoria, while Russell Menzies will ...

AMP hires people, culture lead

ANNABELLE DICKSON  |  FRIDAY, 18 SEP 2020
AMP Australia has appointed a former Woolworths human resources executive as head of people and culture. Gillian Davie has over 25 years' experience in human resources with experience in rapid growth, right sizing, turnarounds, transformation, crisis ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...

CountPlus firm makes acquisition

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
A CountPlus member firm has acquired the accounting revenues of a boutique advice firm. ASX-listed CountPlus's subsidiary AdviceCo will pay $400,000 for accounting revenues of Arch Capital, a boutique wealth advisory firm offering SMSF, tax, accounting ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... earnings," he said. The annuity GDG flagged today seeks to address longevity risk, which has been a focus of the ongoing plan to introduce the Comprehensive Income Products for Retirement regime. The equity raise is being handled by Moelis Australia ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... reviewed our IFTI reporting systems and controls and have worked with an independent consultant to develop a remediation plan to address the issue," It also said there was no business or financial impact to its clients. In the past, AUSTRAC has used ...

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
Managed accounts assets continue to grow steadily, having hit nearly $80 billion despite setbacks caused by COVID-19. The Institute of Managed Account Professionals' latest census found asset growth for the sector was stable, reaching $79.71 billion ...