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Showing 4301 - 4310 of 18263 results for "Plan"

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... the transition at both management and board levels. It is a testament to the founders of Platinum that a strong succession plan has been put in place to ensure that Platinum remains relevant and continues to acquire the skills required to successfully ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Sunsuper is making a raft of changes to its investment fees and costs, transactional and operation costs and the definition of Total & Permanent Disability (TPD). Effective 1 July 2020, Sunsuper updated their fees and costs. Overall, the fees and costs ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
ASX-listed Fiducian Group doubled its net inflows to $217 million in FY20, as it posts $10.5 million in statutory net profit after tax for the year. Net profit for the group - which includes funds management, financial planning, corporate and platform ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
Two advice industry stalwarts have launched a new dealer group promising to save advisers time and money. Finchley & Kent opened for business on July 1 after four years of development by co-founders Sam El Shammaa and Phil Alexander. While they acknowledge ...

Schroders appoints head of private debt

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors. Nicole Kidd was previously RBC's head of corporate banking Australia and institutional client management ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... or private sale of the business, remains subject to market conditions and regulatory approval, NAB said. "We have a clear plan for NAB and we are getting on with it, including quickly embedding our new operating model and creating clear accountabilities," ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
Most things appeared to be going hunky-dory for the oil market in the second quarter of this year. OPEC+ production cuts plus the easing of social distancing and the re-opening of many businesses in an increasing number of countries around the world ...

Melbourne boutique deepens Canadian ties

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
Munro Partners is introducing a global equities strategy to Canadian retail investors, after raising $1.5 billion in Canada since January 2019. The CI Munro Global Growth Equity strategy was launched to Canadian institutional investors in January, 2019 ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding. Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed as joint and several voluntary ...