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Showing 971 - 980 of 7410 results for "MAI"

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON | THURSDAY, 13 JUL 2023

The Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI | THURSDAY, 13 JUL 2023

An unnamed European institutional investor committed $200 million to MaxCap, its first real estate debt investment in the Australian market. The initial investment will be allocated through the First Mortgage investment option offered by MaxCap Investment ...

Advice firm revenues jump 45%

KARREN VERGARA | WEDNESDAY, 12 JUL 2023

Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ...

Sequoia expands professional services arm

CASSANDRA BALDINI | WEDNESDAY, 12 JUL 2023

The listed wealth group will acquire and merge the businesses of Castle Corporate and Castle Legal for $3.15 million. Castle Corporate assists accountants, financial advisers, and lawyers with the formation of companies, trusts, and self-managed super ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI | TUESDAY, 11 JUL 2023

The UK Treasury has announced plans to consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans ...

Ag sector boosts Australia's productivity

KARREN VERGARA | TUESDAY, 11 JUL 2023

A new report from the Productivity Commission finds that the agriculture sector is turbocharging the Australian economy well ahead of other industries, thanks to the favourable weather conditions of recent years. The newly released Productivity Commission ...

abrdn's Jollie outlines next steps

ELIZABETH FRY | FRIDAY, 7 JUL 2023

Having overhauled the global investment manager's local business, Brett Jollie has finally confirmed his departure calling it a planned exit. "It is something I've been working towards since last December when we announced the restructure of ...

HESTA generates 9.59% investment return

ANDREW MCKEAN | THURSDAY, 6 JUL 2023

HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN | FRIDAY, 30 JUN 2023

Cbus is poised to deliver solid results for its members this year, forecasting a return of about 8.5%, according to newly appointed chief investment officer Brett Chatfield. Speaking with Financial Standard, Chatfield credited the result to a combination ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON | FRIDAY, 30 JUN 2023

The revamped platform offers a range of new services, including the ability to manage off-platform assets and custodial assets through the one account. Netwealth is relaunching the flagship Wealth Accelerator platform to better service the growing number ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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