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Showing 771 - 780 of 4334 results for "FIG"

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Take a moment of silence for Australia's highest paid chief executive Shemara Wikramanayake, whose British counterpart surpassed her annual salary by more than $500 million. Based on today's conversion rates, Bet365 chief executive Denise Coates raked ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
'twas a good present for the Australian economy (and just in time to bring Christmas cheer) but the equity market didn't like it. The S&P/ASX 200 index closed 0.3% lower after the Australian Bureau of Statistics (ABS) released the latest update ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
After 13 years, a $22 billion corporate superannuation fund is set to cut ties with TAL. From 1 July 2020, MLC Life will take over as group insurer for TelstraSuper. The fund said the decision to change insurers follows a comprehensive review of its ...

ASX 200 hits female director target

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The Australian Institute of Company Directors' goal of increasing gender diversity on ASX 200 boards has been met, albeit a year after its original target. The ASX 200 has now achieved 30% female representation on boards. It comes more than four years ...

Greater potential for smart beta: Research

ELIZA BAVIN  |  THURSDAY, 19 DEC 2019
Research from Rainmaker has found that while the number of smart beta products is growing, there is still limited choice for investors. "One gets the sense that manufacturers are still trying to figure what would be most attractive to Australian retail ...

More MySuper accounts close than open: APRA

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
Latest data from APRA shows more MySuper accounts closed in the last financial year than were opened. According to APRA's annual MySuper statistics, about 2,151,403 new MySuper accounts were created in the 2018/19 financial year. However, about 2,189,859 ...

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
More than 3300 Westpac investors decided to exit the bank's recent share placement plan, taking close to $70 million with them. Westpac has smashed through its target of $500 million on its way to raising $770 million of investor capital, and the big ...

Elders FP to shutter

JAMIE WILLIAMSON  |  TUESDAY, 10 DEC 2019
Elders Financial Planning will be wound down over the coming months, the dealer group has confirmed. In a statement to Financial Standard, a spokesperson for Elders Financial Planning confirmed a decision to close the dealer group was reached at the ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
Despite the largest intergenerational wealth transfer to date looming, more than half of Australians do not have an estate plan in place. New research from Perpetual shows 56% of Australians do not have a will in place, with 53% of parents admitting ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
Mine Super, the $11 billion industry fund for the coal mining industry, has clarified its position on a number of ESG issues. Vasyl Nair is the chief risk officer for Mine Super, he recently spoke at a panel on ESG issues at the annual Investment Performance ...