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Showing 811 - 820 of 9228 results for "Benefit"

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... missing out on an average of $730 each in super contributions; a typical teenager who works for at least two years would benefit from almost $2200 in their super by the time they are 18 years old - meaning they will have $10,000 more (in today's money) ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Platinum Asset Management is seeking out institutional fund managers looking to break into the retail market as it also attempts to enter new asset classes and differentiate itself from a multi-boutique model. Platinum chief executive and managing director ...

HMC Capital makes $400m acquisition

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
HMC Capital will acquire iseek, a leading Australian co-location data centre operating platform, for $400 million. HMC said the acquisition is consistent with its recently announced strategy to establish a Global Digital Infrastructure Platform (DigiCo). ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... reported incorrect contributions to the ATO for the 2021-2022 financial year, resulting in 9% of the fund's defined benefit members receiving Excess Contribution Notices stating an incorrect amount. A small number of members acted on the incorrect ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... working with the team at Prime Super to implement our strategic goals and strengthen the investment portfolio for the benefit of our members," McQueen said.

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ...

Mutual Trust merges with CMS Private Advisory

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... firms such as Reynolds Advisory and CMS are helping to build broader and deeper team capabilities more quickly, for the benefit of our clients." With this merger, Harkness said, Mutual Trust is entering its most significant growth phase and the company ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... already gargantuan US deficit will undermine the attractiveness of US bonds as a "safe haven" investment but said gold could benefit. "Such fears had driven the gold price to record highs (before last night's reversal), even as bond yields rose. I think ...

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
Qantas Super is changing the way most offset accounts are treated for members in its defined benefit (DB) divisions. The corporate fund, which is set to merge with Australian Retirement Trust (ART) in the first half of 2025, will have current and new ...