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Showing 481 - 490 of 7574 results for "Deal"

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
After six months in the fund's top job, Raelene Seales has bolstered the executive leadership by hiring four new executives and promoting two staffers from within. Having reshaped Prime Super's operations and structure, her immediate priority ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan faced the Senate Economics Committee today to answer questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with. Effective January, the annual percentage-based admin fee charged to Brighter ...

Commonwealth Super partners for admin uplift

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2024
... Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal. Effective immediately, CSC is partnering with Novigi to modernise the way it's administered and elevate the services it delivers ...

CI Financial taken private by Mubadala Capital

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... wealth fund. CI Financial, which is listed on the Toronto Stock Exchange, will be taken private by Mubadala Capital in a deal that values CI's equity at $5.17 billion and implies an enterprise value of about $13.3 billion. CI Financial operates primarily ...

HPI calls Hostplus, Charter Hall takeover 'cheap'

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... period to take over Hotel Property Investments (HPI), which pleaded with shareholders to reject the "cheap" and "half-empty" deal. HPI told shareholders that "$3.785 will be lucky to buy you half a beer these days. But that's all Charter Hall is ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
ASIC has issued new regulatory guidance for financial advisers and superannuation trustees relating to four strands of the Delivering Better Financial Outcomes (DBFO) reforms. The regulator issued two new documents regarding fee arrangements: Information ...

Newmark Capital elevates distribution capabilities

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
Newmark Capital has welcomed a head of wholesale from Prime Value Asset Management. Nathan Wares joins from Prime Value Asset Management, where he was the head of distribution, responsible for distributing assets including Australian equities, property ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... it was up to everyone - governments, institutions, and older generations - to make sure younger Australians get a better deal. Sathanapally said there are clear policy opportunities to improve generational fairness. "Taking these opportunities will require ...