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Showing 51 - 60 of 2772 results for "EIG"

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
While there are good indications that Melissa Caddick's victims will recoup most of their funds, the lawyer spearheading the latest class action believes that SMSF clients should get all their money back. Michael Chapman, a director at Melbourne-based ...

Advisers, accountants ramp up partnerships

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
Putting an old rivalry behind, financial advice practices are increasingly joining forces with accounting firms as the former seeks to meet clients' demand for holistic advice that includes taxation. Over the next decade, Radar Results predicts ...

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
Platinum Asset Management appointed a new chief executive to replace Andrew Clifford and unveiled a new-look board in the hope of stemming outflows and revitalising the business. The $15.5 billion fund manager named Jeff Peters as its chief executive ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
The Federal Court has slapped ANZ with a $900,000 fine for breaching its continuous disclosure laws about eight years ago. In October, the court found the banking giant had contravened continuous disclosure laws by failing to tell the market its underwriters ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
Following industry feedback, Allianz Retire+ has made some updates to the Allianz Guaranteed Income for Life (AGILE) product it launched earlier this year. The first major update is the introduction of the Age Pension+ option, which enhances eligibility ...

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
Australia's fintech sector is showing signs of growth; however, it's still being held back by constrained local capital, complex regulatory challenges, and investor appetite for offshore opportunities. In its eighth consecutive year, the EY ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
... Brookfield purchasing Origin's Energy Markets division, including its Octopus Energy stake for $12.3 billion. Following this, EIG will propose an off-market takeover bid for Origin. Should the alternative transaction be executed, it's anticipated ...

Stockland recruits AMP Capital real estate lead

CHLOE WALKER  |  MONDAY, 20 NOV 2023
As part of a broader reorganisation, Kylie O'Connor is joining Stockland as chief executive, investment management. Stockland has announced it is reshaping its business as it looks to execute its "evolved strategy." As part of this, O'Connor ...

Rest hires policy lead from HESTA

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
The $75 billion superannuation fund welcomed a head of public policy this week, recruiting from HESTA. Enrico Burgio has moved to Rest from HESTA where he served as senior manager - policy and advocacy since January. Prior to HESTA, he held a series ...