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Showing 761 - 770 of 3229 results for "April 17"

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
Moelis Australia will seek shareholder approval to rebrand, as its revenues from asset management outstrip the contribution from its original business of investment banking services. ASX-listed Moelis Australia wants to change the name to MA Financial ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The senate economic committee's report on Your Future, Your Super reforms has been delayed by a week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator ...

New board director at AFIC

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The $9 billion LIC has added a former KPMG executive to its board. Australian Foundation Investment Company has appointed Julie Fahey as a non-executive director effective April 22. Fahey spent 10 years at KPMG as a partner, during which her roles included ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...

Centuria acquires stake in Bass Capital

KANIKA SOOD  |  THURSDAY, 22 APR 2021
Centuria Capital Group will pay $24 million for a 50% stake in the real estate debt manager, founded five years ago by former UBS and Wingate investors. Bass Capital has about 300 high-net-worth investor clients and provides real estate secured non-bank ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
Victorian-based Ahmed Saad has pleaded guilty after previously being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme. ASIC alleges that Saad, while working as an authorised ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
Guild Super, the $1.8 billion retail fund catering to childcare workers, has chosen a new administrator which it says will enhance member experiences. Guild Super, which also trades as Child Care Super and offers Guild Pension for retirees, will switch ...

Final days to nominate in 2021 MAX Awards

JAMIE WILLIAMSON  |  THURSDAY, 22 APR 2021
Nominations for the 2021 Financial Standard MAX Awards recognising the best in marketing, advertising and sales are closing soon. Returning as a live event following a successful shift to virtual last year, the Financial Standard MAX Awards will take ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
Browse through recent monetary policy statements released by many central banks around the world and you'll notice a central theme - economic recovery starting this year powered by vaccinations, eased restrictions (in some countries), adaptation ...