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Showing 9721 - 9730 of 29084 results for "PRI"

Statewide Super confirms merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
Statewide Super is in advanced merger talks with two superannuation funds, confirming a Memorandum of Understanding has been signed. A spokesperson for Statewide Super told Financial Standard the fund is exploring a potential merger with WA Super and ...

Blue Sky appoints new chief executive

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
Blue Sky Alternative Investments has tapped the leader of a property investment manager for its next chief executive. Former Aspen Group boss Joel Cann has been appointed chief executive at Blue Sky, as the investment manager looks to rebuild following ...

GPT sells MLC Centre for $800 million

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
The GPT Group will sell its 50% share in the MLC Centre to Dexus and Dexus Wholesale Property Fund after entering into a binding agreement. The sale price is $800 million, representing a 3%premium to GPT's December 2018 book value. The asset has achieved ...

Rice Warner predicts super fee-hike

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
Rice Warner is predicting Productivity Commission recommendations aimed to curb the number of individual superannuation accounts will impact super funds to the tune of $350 million. The researcher believes the number of superannuation accounts in Australia ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
National Australia Bank's newly elected chair and interim chief executive has moved to reassure shareholders of his priorities going forward, including ongoing changes to executive remuneration following criticism. In a letter to NAB shareholders, Philip ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
ASIC's fee-for-no-service report card shows the regulator and some financial advice licensees still have fundamentally different views on what constitutes a fee-worthy service. ASIC's fees-for-no-service further review report card has shone light on ...

CFSGAM expands US footprint with senior hires

KARREN VERGARA  |  TUESDAY, 12 MAR 2019
Colonial First State Global Asset Management made four senior appointments amid growing institutional demand for infrastructure. CFSGAM, which is known as First State Investments in North America, hired John Ma as a director to oversee new investment ...

HNW advice firm backs AfterPay rival

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
A high-net worth advice and wealth firm has helped raise $30 million for a homegrown AfterPay rival, in a private debt opportunity for its clients. Escala Partners worked with corporate advisory firm Henslow to inject $30 million in debt and equity ...

New bank launches for nurses and midwives

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAR 2019
A new bank is launching, dedicated to meeting the needs of Australia's nurses and midwives. The Health Professionals Bank is a part of Teachers Mutual Bank Limited, meaning Teachers Mutual Bank Limited now comprises four banks - Teachers Mutual Bank ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
Iron ore prices are going to go up. Iron ore prices are headed lower. Iron ore prices will go up and then head down. These are the different forecast permutations on the outlook for iron ore. Here's a quick sampling of the Australian Financial Review's ...