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Showing 4351 - 4360 of 9317 results for "Red"

Australian Unity milestones underscore 2017 growth

ALEX BURKE  |  THURSDAY, 31 AUG 2017
Three initiatives - including an acquisition, the launch of a new business and a deal with the Queensland government - played a key role in Australian Unity's growth over the 2017 financial year, according to managing director Rohan Mead. In the group's ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
An interim report into APRA's inquiry into the Commonwealth Bank could be available in six months' time with appropriate action being taken, Treasurer Scott Morrison told this morning's Bloomberg Address. Morrison said he supported and is pleased with ...

IRESS announces senior leadership restructure

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
A sweep of global leadership changes at IRESS will see the departure of its Sydney-based global head of financial markets and its chief operating officer. As part of a global strategy to drive continued growth and ensure alignment to its long-term goals ...

SuperStream ushers in digital era

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
Ninety-five per cent of all superannuation payments between employers and the Australian Taxation Office are being performed digitally, five years after the roll out of SuperStream. The move to digital, which involved the co-operation of 200 APRA funds ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The UK's Financial Conduct Authority (FCA) has enlisted the help of a Hollywood superstar to alert consumers affected by the decade-long payment protection insurance (PPI) scandal to make a formal complaint as soon as possible. A campaign featuring ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
A Superannuation Guarantee Taskforce is being established to crackdown on employers which fail to meet SG obligations and potentially short-change employees from their super. Federal Minister for Revenue and Financial Services, Kelly O'Dwyer, said the ...

Former super fund chief executive takes overseas role

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
A former chief executive of an industry superannuation fund has taken up leadership of Nambawan Super Limited, corporate trustee of the Public Officers Superannuation Fund based in Papua New Guinea. Paul Sayer, chief executive officer at TWUSUPER during ...

Wealth arm projects Perpetual profit

EMMA RAPAPORT  |  FRIDAY, 25 AUG 2017
Perpetual announced net profits of $137 million, up 4% on FY16, driven in part by its wealth management arm. New client growth in target segments, as well as higher non-market related revenue and higher equity markets led to a before tax profit of $40.5 ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
Superannuation savings climbed 10% in 2016-17 to reach $2.3 trillion, with performance income accounting for almost all the flows, according to figures released by APRA this week. Within segments, not-for-profit (NFP) funds climbed 12% to $983 billion ...

Indefensible bonuses cause for concern: ACSI

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
Despite a general consensus that bonuses are only paid in the event of exceptional performance, about 90% of ASX100 chief executives received a bonus in FY16. While the Australian Council of Superannuation Investors' annual survey of chief executive ...