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Showing 61 - 70 of 2099 results for "Advance"

Super funds taking on the climate crisis

ANDREW MCKEAN  |  WEDNESDAY, 30 AUG 2023
... achieving a net-zero carbon footprint by 2050, as is consistent with the goals of the United Nations Paris Agreement. To advance its goal, the fund launched a sustainable growth product in 2021 and divested from thermal coal mining companies in 2022. ...

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
The merger between AvSuper and Australian Retirement Trust (ART) has advanced to the next stage as they have now entered a Heads of Agreement. The agreement confirms the intention of both parties to proceed with the merger in good faith, AvSuper told ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
Legacy issues and ongoing structural changes continue to plague E&P Financial Group as it looks for better performance under the new chief executive in FY2024. The ASX-listed firm reported sinking revenues and profits in the last financial year of $167.1 ...

Guideway launches file note AI tool

KARREN VERGARA  |  THURSDAY, 24 AUG 2023
Guideway Financial Services has a new tool built on generative artificial intelligence (AI) that accurately converts client conversations into file notes, saving financial advisers up to two hours in administration time. FinTalk, which was built in-house ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
EQT Holdings, the holding company for Equity Trustees, confirmed it will exit its businesses in the UK and Ireland. Equity Trustees managing director Mick O'Brien said: "We are advanced in assessing options to determine the best exit from our investment ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
After several months' delay, Colonial First State's much-anticipated Edge platform has launched, with CFS distribution lead Bryce Quirk saying it's expected the new offering will fare as well as FirstChoice. Developed in collaboration with FNZ, CFS ...

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... with BT Super. This move saw Mercer integrate BT Super's personal and corporate superannuation offerings, and incorporate Advance Asset Management into its portfolio. Hales' remit also encompasses Mercer's multi-manager and investment solutions business ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... Venketasan and State Super senior investment counsel David Hartley have joined the Mercer Investments (Australia) and Advance Asset Management boards. Meanwhile, Infrastructure Victoria chair Jim Miller was appointed to the Mercer Superannuation (Australia) ...