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Showing 31 - 40 of 23463 results for %22SEC%22

ESSSuper faces class action threat over unpaid super

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Emergency and State Services Super (ESSSuper) is facing a class action from Gordon Legal and the Rail Tram and Bus Union (RTBU) over allegations of more than $40 million in unpaid superannuation. The $36 billion super fund has been accused of failing ...

Citi Australia managing director takes on expanded remit

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Citi Australia has expanded the remit of managing director Nicki Ashton, appointing her as the head of financial institutions sales and solutions (FISS). In her new role, Ashton will provide strategic oversight of Citi's engagement and support for institutional ...

Centuria shakes up senior investments team

KARREN VERGARA  |  FRIDAY, 12 APR 2024
Centuria Capital has made several senior appointments, including a head of funds management and a newly created chief investment officer position. Andrew Essey is the new chief investment officer. Essey joined Centuria in early 2013 as national leasing ...

ASFA appoints new policy head

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
The Association of Superannuation Funds of Australia (ASFA) has announced the appointment of James Koval to the newly created role of head of policy and advocacy, effective immediately. ASFA chief executive Mary Delahunty said she was delighted to welcome ...

DWS appoints new local chief executive

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
DWS has appointed Lidia Tomova as its new chief executive in Australia, from 1 March 2024. Pending regulatory approval, Tomova will also be appointed as chair of DWS Investments Australia. She will also continue in her role as head of coverage, Australia ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
Australian investors added $2.65 billion into ETFs that invest on international equity markets over the three months to 31 March 2024, according to data released by the Australian Securities Exchange (ASX) and Vanguard. The inflows into international ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Life insurers continue to breach their own compliance code with more than 12,000 instances recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

GIP Australia Fund surpasses new milestone

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Global Infrastructure Partners (GIP) announced that the GIP Australia Fund II (GIPA II) has completed fundraising with aggregate committed capital of $4 billion, at the upper end of the $3 billion to $4 billion target range. The fund has commitments ...