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Showing 501 - 510 of 4449 results for "Sea"

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
Rest has reported that rising cost-of-living pressures are harming the mental health and financial future of young members, intensifying pre-existing concerns about retirement. A survey commissioned by the $75 billion industry fund revealed that 73% ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
The final conditions necessary to complete the sale of AMP Capital's real estate and domestic infrastructure business to Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China ...

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
Global private capital advisory group Campbell Lutyens has hired former QIC infrastructure specialist Peter Siapikoudis as a managing director in its newly opened Melbourne office. Siapikoudis' association with Campbell Lutyens dates back to 2018 ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw ...

Insignia appoints to board

CHLOE WALKER  |  MONDAY, 30 OCT 2023
Industry veteran Gai McGrath is set to join the Insignia Financial (Insignia) board as an independent non-executive director in March next year. She is set to replace Insignia's risk and compliance committee chair Elizabeth Flynn, who is stepping down ...

Russell Investments executes local leadership revamp

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
Russell Investments has devised a series of executive appointments to bolster the firm's expansion efforts across the APAC region. Tim Furlan, with nearly two decades of experience in senior roles at Russell Investments' Master Trust and Superannuation ...

Dexus on the hunt for new chief executive

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
Darren Steinberg will leave Dexus in the new year, after more than 11 years serving as its chief executive. While the real estate and infrastructure giant searches for his successor, Steinberg will continue as chief executive and work closely with its ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
After 17 months in the top job, David George has relinquished his positions as Magellan Financial Group chief executive and managing director, effective immediately. Magellan's board said it is the right moment to redirect their leadership and thanked ...