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Showing 521 - 530 of 3176 results for "ACTU"

Challenger restructures for growth

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
Challenger is restructuring as part of a broader strategy to reach more customers, in a plan that will see the departure of the current chief executive of its life division. The group is creating a new 'Customer' division which will comprise ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... yesterday Wilson doubled down and said: "This policy isn't just for young Aussies, it's for others who never had a chance." The ACTU was less accommodating to this viewpoint, the union called this housing policy a shameless attack on the retirement savings ...

NZ Super Fund hires from ART

ELIZABETH FRY  |  FRIDAY, 13 MAY 2022
Australian Retirement Trust has confirmed that Kevin Wong is leaving the $230 billion super fund to join NZ Super Fund. Wong who has served as the portfolio manager for dynamic asset allocation will join the Kiwi sovereign wealth fund as a senior investment ...

Advice firms struggle to make most of socials

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A recent survey by BT found just 37% of financial advisers have received referrals via social media in the last 12 months. Earlier this year BT conducted a three-part webinar series on social media, with the majority of advisers in attendance using ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
An ACTU report has blasted the Coalition government for the consistent entrenchment of low wage growth. The Morrison missing in action on wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is ...

Investor confidence drops in April: State Street

CHLOE WALKER  |  FRIDAY, 29 APR 2022
State Street's investor confidence index has decreased to 92.9, down 6.6 points from March's revised reading of 99.5. The index, which was developed in partnership with FDO Partners, measures investor confidence or risk appetite quantitatively by analysing ...

Macquarie responds to term deposit scam

CHLOE WALKER  |  THURSDAY, 28 APR 2022
Macquarie Group has issued an official warning to customers after someone posed as a staff member and swindled a widow out of $760,000. Macquarie Group has said it is aware of a scam using its name to solicit fake term deposit applications through a ...

Maritime Super slapped with infringement

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Maritime Super, which is soon to merge with Hostplus, has been hit with an infringement notice by ASIC over alleged misleading statements to members about its partnership with Hostplus. In a significant event notification and a newsletter sent to members ...

Integrity Life appoints chief technology officer

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
Integrity Life has announced the appointment of a new chief technology officer. Ashish Khurana steps into the position, joining after four years as chief technology officer with Saxo Bank in Denmark. Prior to joining Saxo, Khurana held several executive ...