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Showing 461 - 470 of 1943 results for "Victoria"

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...

FirstChoice dominates platform market

KARREN VERGARA  |  THURSDAY, 29 APR 2021
... Perpetual WealthFocus (6.3%) and Macquarie Wrap (6.2%) are second and third most popular platforms, respectively. In Victoria, AMP Flexible Lifetime and Asgard are frequently used after FirstChoice with a 9.5% and 7.6% market share, respectively. In ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
The Sunshine State is joining Victoria and the nation's capital in banning the Commonwealth Bank's school-banking program. Queensland minister for education Grace Grace announced her department will not renew its agreement with CBA when it ends on 31 ...

MIRA to acquire waste management firm

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... commercial industries, as well as recycling services. It has 10 facilities in New South Wales and four recycling stations in Victoria, with a workforce of about 1000 people and a fleet of over 300 trucks. BINGO's share price rose 6.7% on yesterday's ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
Victorian-based Ahmed Saad has pleaded guilty after previously being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. ASIC alleges that Saad, while working as an authorised ...

Koda Capital adds director

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... and partners - James Christopher, Will Douglas and Nik Velde. In 2019, the firm added Troy Armstrong from Escala and Victoria Lindores from Pitcher Partners as well as Ritu Boyd from St George and Sabil Chowdhury from Macquarie. In 2018, Koda hired Frank ...

SuperFriend appoints chair

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
... affairs and management services. Prior to joining ANZ, Proust was secretary of the Department of Premier and Cabinet in Victoria and chief executive of the City of Melbourne. More recently, she was chair of the Australian Institute of Company Directors ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
... billion), Macquarie ($73.5 billion), AMP Capital Investors ($72.5 billion), Pinnacle Investment Management ($70.2 billion), Victoria Funds Management Corporation ($64.5 billion) and First Sentier ($58.3 billion). The total local institutional FUM across ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The two industry superannuation funds have signed a memorandum of understanding to weigh a potential merger. If the merger proceeds, the combined fund will have about 130,000 members and $12 billion in funds under management. In a joint statement, the ...

BGL expands product range overseas

KARREN VERGARA  |  TUESDAY, 13 APR 2021
Accounting and self-managed superannuation fund software provider BGL is launching one of its products in Singapore. BGL's CAS 360, a company compliance and trust management software solution, has launched a beta version for Singapore-based clients. ...