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Showing 511 - 520 of 4509 results for "Cover"

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... firms with lacklustre performance and increase earnings faster. On average, we expect the traditional active managers we cover to be in outflows." Morningstar highlighted Perpetual as a top pick in the financial services sector, the research house said ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
ASX-listed bond broking firm Income Asset Management has hired a team of fixed income specialists from rival FIIG Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... the superannuation guarantee benefit paid to member's accounts changing from 10% to 12% would mean most members with IP cover would pay a higher annual amount for IP cover, although there would be no increase to the premium amounts.

Evolution of investment operations spurs new recruitment trends

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
With demand for experienced investment operations talent outstripping supply, local employers are increasingly looking offshore for candidates with end-to-end skillsets. It's also impacting salaries. According to insights from Kaizen Recruitment, investment ...

Mercer Super recruits growth lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
A senior J.P. Morgan sales executive and relationship manager has joined Mercer Super Trust as its growth lead. In the new role, Stuart Raynes will support the super fund's growing corporate super and clients business. "Stuart's appointment ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... some form of financial harm," he said. For the first year of operations, the CSLR levy is estimated to cost $4.8 million to cover the period from April 2 to 30 June 2024. This will be funded by the government. The CSLR will pay 11 claims for this period ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... wholesale investor tests to determine if they are still relevant. According to the terms of reference, the inquiry will cover legal requirements, consequences of an investor meeting the relevant test, and the application of the tests in practice. There ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
ANZ announced it reached an agreement to settle a class action brought against it by Phi Finney McDonald in 2021. The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... AIA Australia - yet fees the insurer charges differ for the funds. AvSuper warned that members "may pay more for insurance cover in ART". Some examples of difference in cover include AvSuper members who have any amount of unitised death and total and ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
Morningstar has confirmed the departure of two longstanding executives from the manager research side of the business - Tim Wong and Justin Walsh. It is understood that Wong - who oversaw fixed income strategies - is set to join former colleague Tim ...