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Showing 941 - 950 of 3178 results for "ACTU"

Industry fund appoints investment head

HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
The former chief investment officer of a $4 billion superannuation fund has resurfaced in the same role at another industry fund. TWU Super has confirmed to Financial Standard the appointment of a new chief investment officer in former legalsuper investment ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ...

Super fund rebrands

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
Following numerous cases of mistaken identity, a $2 billion industry superannuation fund has rebranded. EISS Super, or the Electricity Industry Superannuation Scheme, has changed its name to ElectricSuper. "We're still the same fund, offering great ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
More young Aussies are turning to their parents, the appropriately dubbed 'Bank of Mum and Dad', to help secure equity for a first home deposit, and financial advisers are split on the growing trend. For some, the lucky few, the money for the ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
Market Forces has put UniSuper on the chopping block in a divestment campaign aimed at pressuring the fund to ditch shares in fossil fuel companies. "UniSuper does not have fund-wide exclusions on fossil fuel investments of any kind. Instead, it claims ...

Sunsuper welcomes new board directors

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... Training Authority. Throughout her career she has been an advocate for gender diversity in business, formerly chairing the ACTU Women's Committee. Mark Goodey also joins the Sunsuper board as a director. Goodey is currently the chief financial officer ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
The final quarter of 2019 saw Australian funds under management on platforms jump by $26 billion. According to Plan For Life Actuaries, masterfunds ended the year to 30 September 2019 up 3% - amounting to $26 billion. Total FUM for masterfunds now stands ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
The once-off transfer of StatePlus' Master Fund businesses worth $18.6 billion out of retail funds to First State Super has had a significant impact on the retail market, according to Plan For Life Actuaries. Plan For Life revealed overall retail managed ...

Radio host adviser revealed as alleged fraudster

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The US Securities and Exchange Commission has charged a radio host and investment adviser with defrauding hundreds of retail clients out of millions. Keith Springer hosted a radio show called Smart Money with Keith Springer, which is how many of his ...

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 ...