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Showing 51 - 60 of 1801 results for %22Corporate Plan%22

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... expected the fund will hit €100 billion by 2035. The creation of the fund is made possible "using some of the windfall corporate tax receipts" the government has enjoyed in recent times, he said. Last year, Ireland raised close to €23 billion in ...

Goldman Sachs appoints head of equity capital markets

CASSANDRA BALDINI  |  TUESDAY, 3 OCT 2023
... APM stated that Taylor will assume overall leadership responsibilities for strategic planning, business development, corporate development, and investor relations. Additionally, Goldman Sachs also advised that current executive director Mike Cluskey ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... explore merger options for the future." It cited ongoing consolidation in the sector, namely the dwindling number of corporate super funds, with just 11 remaining. According to APRA statistics, in 2004 there was 761. "Any potential merger partner would ...

Boards must crack down on cybersecurity: ASIC

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
... said. ASIC recently released initial findings of its cyber pulse survey, measuring cyber resilience in Australia's corporate and financial markets. "Although the results will be published later this year, initial findings make it clear that one of ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... it's the seventh largest platform by funds under administration. Meanwhile, earlier this year, the Oracle Superannuation Plan and Xplore Super and Pension, divisions of the Aracon Superannuation Fund, transferred to HUB24. This move comes as Aracon ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... million after-tax profit in FY22. Over the year, it acquired a 20% stake in Euree Asset Management, and added Castle Corporate and Castle Legal to its professional services division. Sequoia made several senior appointments as of late, the latest being ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... failed, as did two from Smart Future Trust's smartMonday range, and Cruelty Free Super's Growth option. Finally, corporate fund Citibank Australia Staff Superannuation Fund copped one fail, for its Bonds Plus option. As reported by Financial ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... decided to terminate the Citibank Australia Staff Superannuation Fund, with the closure to take place on September 30. The corporate fund was first established in 1950 and has operated in its current form since 2000. As of its 2022 annual report, the ...

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... a big allocation to private credit," he reflects. "Back then, everyone thought the model portfolio was equities and corporate bonds, and often fixed rate corporate bonds, when really, there was this whole world of private credit out there." With interest ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... follows the confirmation by EQT last week that it will exit its UK and Ireland businesses. It also recently combined its corporate and super trustee businesses. As for its FY23 results, EQT posted underlying net profits after tax of $29.1 million, up ...