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Showing 6011 - 6020 of 29070 results for "PRI"

Advice group adds to leadership

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
The former general manager of private wealth at Wilsons Advisory will lead one of Easton Investments' licensees in a newly created role. Tara Ross has been appointed head of GPS Wealth, effective September 13. Ross will join from Wilsons Advisory where ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Despite responsible investing becoming the new normal, a panel of experts have argued that short-term thinking is allowing companies to get away with actions that are out of line with action on climate change. Speaking at the Australian Institute of ...

Transition to renewables trumps divestment

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
Asset owners are increasingly opting to transition to renewable energy rather than take the blunt approach of divestment, an industry event revealed. Mercer senior sustainable investment specialist Jillian Reid spoke at the Australian Institute of Superannuation ...

CountPlus takes stake in firm

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
The ASX-listed advice and accounting group is acquiring a 49% shareholding in an accounting firm based in Victoria. CountPlus will pay a total of $2.8 million for Southern Cross Business Holdings (SCBA) made up of an initial payment of $2.2 million ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...

Franklin Templeton hires from GSFM

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Franklin Templeton has appointed a new sales director, hiring from GSFM. Huw O'Grady will join the firm in the position of sales director, based in Melbourne. He joins from GSFM, where O'Grady spent seven years as key account manager, responsible for ...

WTL posts $3.3m loss

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
WT Financial Group (WTL) reported a huge loss in FY21 as a result of its restructuring efforts. While revenue grew 6% to $13.6 million, WTL recorded a $3.3 million loss, down from $594,000 in FY20. This is a result of one-off write-downs and provisions ...

ASIC red tape unit welcomed

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
The government has welcomed the corporate regulator's plan to establish a unit with the sole aim of reducing regulatory costs for businesses and consumers. The red tape unit will be responsible for identifying and implementing changes to how ASIC administers ...

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference, a panel of economic experts shared very different views on the outlook for inflation. J.P. Morgan Asset Management chief market strategist Karen Ward argued ...