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Showing 981 - 990 of 9739 results for "Major"

Cbus scolded over 'most galling conflict' in super

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
... rationale behind the commitment of $500 million of members' money to the HAFF, when the fund itself appears to have had "major doubts" about the bill. "Mr Swan and his board have a duty to put the members interests first, not the political interests ...

Super funds offer merger update

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
While yet to reach a final agreement with Australian Retirement Trust (ART), Commonwealth Bank Group Super has told members they will transfer to the industry fund next month. In February, CBA Group Super announced it was exploring a merger with ART ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
The chief executives of major platform operators in the UK have received letters from the regulator, flagging concerns around poor disclosure of fees and under-investment in technology. In the letter, the Financial Conduct Authority's director of consumer ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing (+6.6%), transport (+7.4%), food and non-alcoholic beverages (+4.4%), and ...

AUSIEX, Saxo launch new adviser trading solution

CHLOE WALKER  |  THURSDAY, 28 SEP 2023
... markets and currencies. AUSIEX currently has a network of 4500 advisers from about 850 firms. It also supports four of the major wealth platforms in Australia. AUSIEX chief executive Patrick Salis said that after an extensive search, AUSIEX is excited ...

HMC Capital reaches first close on fund

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... closed its Health Care and Life Sciences Unlisted real estate fund (UHF) after receiving more than $1 billion, including from major global pension funds. The group said it secured $640 million of equity commitments, including $251 million from three ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... inflation came close to 15%, however the economy was also growing at 7.6%, its workforce was largely unionised, and two major oil shocks caused havoc. "The difference is that back then, the US was highly oil dependent, and it also was experiencing a ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... September 21 of $0.56. The cash component totals $14.6 million and will be funded by a new debt facility. HUB24, which is a major shareholder in Diverger with about 31.5%, issued a statement of support for the deal. Diverger's board is also in favour ...

XV Capital plots expansion, fund launch

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... Capital's immediate priority is on gaining local scale and capturing "the tailwinds created by the golden decade of major and mega events", he added. As an example, the $2 billion funding shortfall leading into the 2032 Brisbane Olympic and Paralympic ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... Active Utilities to expand over the next five years to operate 175,000 meters and employ over 100 staff. Macquarie became a major shareholder in Active Utilities in 2019 and offloaded its stake via PATRIZIA Infrastructure, Prime Super's investment manager. ...