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|Controversial businessman and leader of the United Australia Party Clive Palmer has mounted an advertising campaign calling for ASIC chair James Shipton to resign. Palmer took out full-page ads in several state and national newspapers with the copy ...|
|AMP has appointed a new chief executive for the AMP Australia business, replacing Alex Wade who exited suddenly. Former Sunsuper chief executive Scott Hartley will take over from Blair Vernon, who has been acting in the position since Wade's sudden ...|
|The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...|
|New research has revealed the true cost of a toxic chief executive to a company, indicating that poor culture from the top can permeate an entire organisation. The report, produced by the Australian Institute of Company Directors (AICD) and the Australian ...|
|Acadian Asset Management is growing its research team with a new appointment. Steven Wong has been named vice president of research and associate portfolio manager. He will be responsible for researching Australian and global quantitative equity portfolios ...|
|Vision Super and its group insurer MLC Life have increased the cost of insurance premiums by 17.8%. The $10.3 billion industry fund said that MLC Life had determined the 17.8% increase was required to continue to cover the cost of providing insurance ...|
|The $30.5 billion government superannuation fund for South Australia will close its growth option. From 25 January 2021, Super SA will also be closing the growth investment option. Investments in this option will automatically be switched into the high ...|
|MLC Asset Management has appointed a head of retail distribution, joining from Robeco. Tom Keenan has been appointed head of retail distribution, which is a newly created role at MLC. He was most recently chief executive and regional head of wholesale ...|
|CIP Asset Management, formerly Challenger Investment Partners, has entered the retail fixed income funds management market. CIP has launched a retail version of the CIPAM Credit Income Fund - a floating rate, multi-sector credit strategy which invests ...|
|AMP has announced a key appointment in the transformation of its financial advice business. Jill Hopkins has been appointed advice program transformation manager. "Jill has extensive knowledge of the financial advice industry and is playing a key role ...|
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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