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Showing 981 - 990 of 5658 results for "EARN"

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
MySuper options have delivered the best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
The $130 billion industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer ...

AMP Capital GEFI sold to Macquarie

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... Macquarie's public investments platform. The total consideration includes $110 million in cash on completion and a cash earn-up-to of $75 million, payable two years after the deal is done. The GEFI business currently manages about $60 billion in ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
Pendal Group has hired GAM Investments' former head of business operations for Asia Pacific as its new head of product. David Harris started in the role on Monday. Harris has direct ownership and accountability of Pendal's product lifecycle ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
The coronavirus pandemic is forcing over one third of Americans to delay their retirement while a larger cohort are turning to part-time work to supplement their nest egg, a new survey finds. Those intending to retire over the next five years are putting ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
Despite the raft of reforms aiming to make superannuation more attractive, wealthy Australians should consider supplementing their nest eggs, a wealth management expert says. HLB Mann Judd wealth management partner Michael Hutton says the passing of ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... provides Hollard with the distribution of home and motor insurance products to CBA's retail customers. CBA will continue to earn income on these products. The deal includes $625 million of upfront consideration, deferred payments upon achieving business ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson. Hanson and her One Nation colleagues circulated an amendment that would see people over the age of ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
ASX-listed Cashwerkz will pay $3 million in cash plus performance rights to buy a 25% stake in a boutique, as it also looks to rename the entire group. Tactical Global Management has been running since 1997 and provides tailored overlay solutions for ...

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
Interprac Securities is set to fully acquire two financial advice practices located in Melbourne and Hobart. Interprac Securities will acquire Hobart-based FF Planning Solutions and Melbourne-based SFG Financial Services (not to be confused with Shadforth) ...