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Search ResultsShowing 1 - 10 of 100+ results for "Australia"
FPA appoints director
ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
The Financial Planning Association of Australia (FPA) has appointed a former KPMG partner to its board and chair of the audit and risk committee. Diana D'Ambra has joined the board following the resignation of Paul Ruiz after serving nearly two years ...
Hannover reverses out of group insurance
KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... Sunsuper as well as for smaller ones such as Mercy Super and AvSuper, according to Rainmaker Information data. Hannover Re Australia general manager finance David Tallack said there wasn't a set date for the exit from the segment. "We are working with ...
New fund to invest in AI companies
KANIKA SOOD  |  TUESDAY, 1 DEC 2020
A Melbourne boutique has launched a thematic fund that invests in businesses delivering artificial intelligence (AI) solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. ...
Mercer restructures fees, asset allocation
KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... The changes come after MP Andrew Leigh and deputy chair of a recent super inquiry pulled up Mercer chief executive for Australia and Pacific zone leader David Bryant about the red heatmap rating APRA slapped across several high admin fee products. At ...
QSuper bets on new retirement product
KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... provide higher income than an account-based pension drawn down at minimum rates. The review found the use of annuities in Australia remains "very low" and do not fully curb longevity risk. Modeling of three retirement income products found allocating ...
HESTA partners with Australian Unity
ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... workers has partnered with Australian Unity to establish a new capital source for the For Purpose, Mutual sector in Australia. HESTA has committed $20 million as a cornerstone investor in Australian Unity's inaugural issuance of Mutual Capital Instruments ...
Former Class Super chief joins regtech board
KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... businesses. Ray joins Kyckr's board as current non-executive director John van Der Wielen resigns to chair the Western Australia Health Research and Innovation Fund (FHRI), which is backed by the state's $1.4 billion sovereign wealth fund. Ray ...
NZ Super, Ontario Teachers' acquire healthcare provider
ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
The sovereign wealth fund and Canadian pension fund have acquired New Zealand's largest provider of pathology services. NZ Super Fund and Ontario Teachers' Pension Plan have acquired a 50% stake each in Asia Pacific Healthcare Group (APHG). The transaction ...
International consortium sets sights on Optus
ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... major telecommunications investments internationally in France and Germany," OMERS Infrastructure managing director for Australia Christopher Curtain said.
Dollarmites faces more backlash
ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... sometimes for life. There has to be a better way to teach our kids about money that doesn't involve kickbacks," she said. "Australia's other state and territory governments should follow Victoria's lead and kick CBA out of the classrooms." The rate on ...
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