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Showing 421 - 430 of 2829 results for "Division"

Pengana establishes capital markets arm, hires

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
Pengana Capital Group has launched a new, dedicated capital markets division and appointed Philip Schofield to head it up. Schofield will be the managing director of the new Pengana Capital Markets division which aims to connect sophisticated investors ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... also due to advice and superannuation net cash outflows of $5.3 billion, including $2 billion in pension payments. The division, which comprises platforms, master trust and advice, reported NPAT of $50 million - down $39 million year on year. AMP said ...

Zurich wins group insurance mandate

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... Zurich replaces incumbent group insurer TAL. Zurich already provides group insurance to Brighter Super's energy industry division. Brighter Super chief executive Kate Farrar said the decision to change insurance providers was "ultimately guided by which ...

Mercer proposes superannuation tax overhaul

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... contributions on government-paid parental leave, extending the Low Income Superannuation Tax Offset (LISTO), reducing the Division 293 tax threshold for high income earners, introducing a maximum super benefit ($3.4 million) at age 70, and requiring ...

Sequoia FG revises profit expectations

JAMIE WILLIAMSON  |  MONDAY, 23 JAN 2023
... 1H23 is now expected to be about $3.2 million, 40% below budget because of one-off issues. Within its licensee services division, the group has seen a delay in the recovery of claims cost repatriation of more than $2 million along with increased costs ...

Fin365 undertakes strategic mergers

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... capabilities, meaning we'll be better positioned to respond to increasing demand." Services initially offered by the new division will include data services, revenue management, software customisation, dedicated technology support and technology consulting ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... total fees disclosed on a $50,000 account balance as at 1 October 2022 were 1.32%. Finally, the fund's defined benefit division is well funded, with AvSuper confirming it has about 40% more in assets than is required to meet its liabilities. As a result ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... Noonan will return to the Cbus board to replace O'Grady. Noonan has been secretary of the CFMEU's construction division for over 15 years and was previously deputy chair of Cbus. Cbus chair Wayne Swan said he is pleased to welcome back Dave Noonan ...

Apollo increases Challenger stake

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... announced that it's restructuring as part of a broader strategy to reach more customers. Challenger created a new customer division that comprises all customer functions for the group and as part of its desire to reach more customers by opening up new ...

Aware Super hires from Macquarie

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... to Macquarie when the firm purchased AMP Capital's Global Equities and Fixed Income business last year, becoming a division director in fixed income. Reporting to Aware Super head of income and markets Michael Clavin, she will play a key role in ...