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Showing 841 - 850 of 4243 results for "VIC"

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

PE Capital in liquidation

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
PE Capital Funds Management is now in liquidation after the Federal Court found that it operated managed investment schemes without an AFSL and engaged in misleading and deceptive conduct. The court found that over $16 million was invested in the registered ...

AFA Practitioner Community appoints new leaders

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers welcomed a new chair and deputy chair to its Practitioner Community. AFA Group Wealth founder John Cachia was named chair, while Mazi Wealth founder Deline Jacovides serves as deputy chair. "Our key role is to be ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

Inflation to hit ASX returns

ELIZABETH MCARTHUR  |  MONDAY, 7 FEB 2022
According to new quantitative analysis, higher inflation in Australia is set to have a negative impact for ASX investors. SigTech, a quantitative technology company, provided analysis on how various inflation levels over the past 50 years have impacted ...

J.P. MAM head of Australia funds departs

KARREN VERGARA  |  MONDAY, 7 FEB 2022
J.P. Morgan Asset Management's local head of funds business has tendered his resignation after nearly a decade with the firm. Head of the funds business for Australia and New Zealand David Hallifax will pursue other opportunities, the asset manager ...

ANZ appoints chief technology officer

KARREN VERGARA  |  MONDAY, 7 FEB 2022
The ANZ banking group has appointed a new chief technology officer in a newly created position. Tim Hogarth, who was previously the bank's chief architect, was promoted to the role this month. Prior to ANZ, he spent a decade at Commonwealth Bank in ...

Westpac shuffles executives

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
Westpac Group announced a restructure and shuffling of its executive lineup, in a move to reduce costs and simplify the bank. Westpac is creating a smaller head office and reducing the size of corporate functions by 20% as part of a larger plan to reduce ...

SPDR ETFs cut fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
State Street Global Advisors (SSGA) has cut fees for four of its Australian SPDR ETFs. The fee cuts will be effective from Valentine's Day, 14 February 2022. The changes relate to two international ETFs and two domestic sector ETFs and include cost ...

Oliver Wyman recruits former Westpac executive

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
The former chief executive of Westpac's institutional bank has moved to a consultancy firm as a senior adviser. Lyn Cobley joins Oliver Wyman, a subsidiary of Marsh McLennan, as the firm ramps up its sustainability offering to clients and presence in ...