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| | | Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ... |
| | | | Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ... |
| | | | Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ... |
| | | | As its group executive, people, finance and change prepares to retire, the $62 billion industry fund is welcoming a new general manager and recruiting for its first chief financial officer. Trevor Evans is set to retire from the group executive role ... |
| | | | State Street has hired from KPMG to fill the newly created role of head of asset managers segment, Asia Pacific. Neil Macdonald will join the role effective May 14. He will lead State Street's engagement strategy for asset manager clients in Asia ... |
| | | | GQG Partners has expanded its Australian presence with three appointments, building out the team to eight. Alison Smith has joined as compliance officer from MLC where she was compliance manager - asset management. Prior to this, she was principal at ... |
| | | | A global fund manager research and benchmarking firm has launched in Australia, appointing a former Macquarie Group executive to lead the business. David Goodman is the new managing director of Inalytics for the Asia Pacific region. Goodman was most ... |
| | | | The Association of Financial Advisers has appointed a general manager of partnerships who joined from AMP. Cameron Burne joined the AFA in March and was most recently a partnership manager at AMP Financial Planning. He spent over eight years with the ... |
| | | | Pendal Group has announced its plans to acquire US-based investment firm Thompson, Siegel & Walmsley (TSW) as profit rose 8%, according to its half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first ... |
| | | | First Sentier Investors has added a staffer to its direct infrastructure team who will oversee water, wastewater and energy transition. Karine Rouge joined in May as a director based in New York. She reports to John Ma, the head of direct infrastructure ... |
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