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Showing 511 - 520 of 9228 results for "Benefit"

New Forests sees potential in Vietnamese timber

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
New Forests made its first investment in Vietnam, backing one of the country's top suppliers of lumber and logs. Via the Tropical Asia Forest Fund 2 (TAFF2), New Forests has invested in Tavico Group. It is the fourth investment made by the fund ...

Islamic finance industry association established

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
The Islamic Finance and Investments Association (IFIA) will work to further Australia's nascent Islamic banking, finance and investments sector and Shariah compliant standards. Launched today, the IFIA is led by chief executive Chaaban Omran, the former ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... month, Liberal Senator Andrew Bragg condemned the bill, claiming that it won't impact politicians with specific defined benefit schemes that pre-date 2004; Chalmers subsequently confirmed that all politicians will be subject to the tax. Other industry ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... dynamics between public and private markets, the industry overwhelmingly urged for increased regulatory scrutiny that could benefit retail and less sophisticated wholesale investors. While the regulatory framework across private markets is generally ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
ASIC has taken Choosi to the Federal Court for allegedly failing to provide a range of comparable options on life and funeral insurance policies to customers and instead flogging products solely from Hannover Life Re. From at least 1 July 2019 and to ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
... of their wage rates since 2021. Some 2.9 million workers have their wages set by modern awards. Most employees who will benefit from the rise work in the accommodation and food services, community, care, retail, arts, administration, recreation and healthcare ...

Perpetual promotes two to strengthen fixed income team

MATTHEW WAI  |  TUESDAY, 3 JUN 2025
... investor and our longstanding approach to succession planning and promoting from within ensures investors will continue to benefit from a high-quality team, process and investment philosophy that is focused solely on providing strong investment outcomes." ...

Dai-ichi Life acquires 15% of M&G

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... private market opportunities across Europe and enable even greater access to the Japanese and Asian market where we will benefit from Dai-ichi Life Holdings market-leading expertise."

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... plan to reach $52 billion (£25bn) AUM by 2035. In addition, the Treasury issued its response to the options for defined benefit schemes consultation, which outlines how the more than $335 billion (£160bn) in surplus assets in UK defined benefit plans ...

Zurich snatches Suncorp claims specialist

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
Zurich Financial Services Australia has appointed a new head of claims excellence for Australia and New Zealand from Suncorp. Currently serving as head of complex natural hazard home claims at Suncorp, Morris Garsin will join in August to drive Zurich's ...