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Showing 671 - 680 of 2617 results for "Employees"

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets of UK and South Africa. It will exit Australia over the coming ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... structure to support our expanded client base." In September, Citi said it expects to add over 20 custody clients and employees in the next 12 months, as the RBC client transfer agreement with Citi comes into effect, as it announced Netwealth signed ...

Aware Super completes WA Super merger

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
... understanding and entered due diligence on March 4 this year. WA Super, which is the default fund for local government employees in Western Australia, previously tried and abandoned a merger with Statewide Super and Tasplan which would have created $24 ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola Consolidated by its former employees and several law firms, alleges that the firm's 401(k) pension plan breached its duties under the Employee Retirement ...

S&P to buy competitor for $60bn

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... all stakeholders. We have been impressed by the IHS Markit team and look forward to welcoming the talented IHS Markit employees to S&P Global." "This transaction is a win for both IHS Markit and S&P Global as we leverage our respective strengths in information ...

International consortium sets sights on Optus

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... advisers to participate in the upcoming sale of Optus towers. Symphony Consortium, consisting of the Ontario Municipal Employees Retirement System (OMERS) global infrastructure vehicle OMERS Infrastructure, Australian tower company Stilmark and US neutral ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... their needs. Treasury Laws Amendment (Measures 4 for consultation) Bill 2020: Single default 5 account will staple new employees to their existing super fund in a bid to curb them from having multiple duplicate accounts. New employees who start a new ...

Should remote employees be paid less?

KANIKA SOOD  |  THURSDAY, 26 NOV 2020
Over a quarter of US employers say they plan to pay employees based on the location of remote workers for all jobs in 2021. Willis Towers Watson surveyed 344 organisations in North America with 4.83 million employees between October 6 and 21. About ...

Australian Unity owes staff $4.3m

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... how much superannuation has to be back paid. Australian Unity said it initiated the review to determine whether its employees have been paid their full entitlements and identified instances of underpayment and overpayment. This includes wages, shift ...

Industry fund shifts service functions to Link

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... from Hostplus' trustee office to HSEC. Current service centre staff will transition to Link. "All impacted Hostplus employees are currently being consulted and will be offered the opportunity to transition to Link Group. Being part of Link Group ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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