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Showing 651 - 660 of 10357 results for "Close"

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout. The regulator has commenced federal court proceedings against AustralianSuper ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... the bulk of bond and loan assets to PCT, while some parcels will move in the coming weeks. "The total transition has been close to $1.8 billion of client assets and is expected to improve IAM's financial performance by $600,000 per annum in FY2026," ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... highest governance standards, standing ready to work with the regulator. "Australia's superannuation sector manages close to $4.2 trillion of super contributions to help members achieve a dignified and enjoyable retirement. That's a huge responsibility ...

Andrew Lill to run investments at legalsuper

JAMIE WILLIAMSON  |  FRIDAY, 7 MAR 2025
... investment officer, Americas at Morningstar for two years, having previously held the same role within its APAC business for close to five years. He's also held senior investment roles with AMP Capital and Russell Investments. "He will be working ...

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
... self-managed super funds." Globally, State Street believes that active ETF strategies will continue to grow in 2025, flagging close to 80% of the 938 new ETFs in North America were in active strategies, while Europe also saw a ramp up in the same sector. ...

Quinbrook, CATL to build battery storage solution

KARREN VERGARA  |  THURSDAY, 6 MAR 2025
Quinbrook Infrastructure Partners has partnered with global firm Contemporary Amperex Technology (CATL) to build a new long-duration battery storage solution backed by superannuation funds. CATL, a listed Chinese battery manufacturer and technology ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
... pushed to consolidate much of its operations, including in Australia. At its height in 2015, the group's share price was close to £570, today it's about £170. It was around £300 when the initial rebrand was announced in 2021. Chief executive ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
Praemium appointed a chief financial officer to replace Dave Coulter in the interim. Simon Moore is the temporary finance chief as Praemium searches for permanent replacement. Coulter was in the chief financial officer role from March 2022. Prior to ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
BNP Paribas' Securities Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management ...

Financial services chips away at gender pay gap: WGEA

KARREN VERGARA  |  TUESDAY, 4 MAR 2025
The financial services sector made a fractional improvement on its gender pay disparity, reporting a 22.2% gap on a median and average basis, the latest Workplace Gender Equality Agency's (WGEA) report shows. The 2024 financial year shows that financial ...