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Showing 761 - 770 of 3029 results for "EIG"

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
Most institutional investors are seeking alternative investments to safeguard against COVID-19 volatility. New CoreData Research reveals nearly half (40%) of the 459 participants it surveyed between June and July will ramp up allocations to alternatives ...

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
Following its acquisition of MLC and decision to restructure its licensees, IOOF has consolidated the leadership of its various dealer groups and announced another acquisition. Revealing the next phase of its Advice 2.0 strategy today, IOOF has restructured ...

Industry funds triumph July performance

ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
UniSuper and AustralianSuper have come out on top of the leaderboard for personal and workplace superannuation over the longer term but couldn't keep up in the last 12 months, according to the latest figures from Rainmaker Information. UniSuper's default ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
There's an unlikely user of the government's current amnesty for employers who underpaid SG - a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
Australian private new capital expenditure (capex) usually commands attention before and during its release for it provides an indication of domestic firms' optimism towards future growth as well as, itself, being a driving component of that growth. ...

AMP Capital's door keeps revolving

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
AMP Capital has announced the departure of two key staff from New Zealand, including managing director and chief economist Bevan Graham and by head of clients Greg McMaster. In addition, Sydney-based portfolio manager Kristen Le Mesurier has resigned ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
A new report from Willis Towers Watson suggests the effects of COVID-19 could delay a person's retirement by as much as eight years. WTW said a range of factors caused by the COVID-19 pandemic mean superannuation fund members may need to keep working ...

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
Centuria has added two new assets to its Industrial REIT stable, which it acquired for a combined $32.5 million. As the responsible entity of the ASX-listed REIT, Centuria Property Funds No. 2 acquired a Beacon Lightings purpose-built distribution facility ...