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Showing 1 - 10 of 111 results for "Plan B"

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
Ontario Teachers' Pension Plan Board reported a meagre 1.9% net return for 2023, falling short of its 8.7% benchmark, translating to a $15.8 billion negative value add. This contrasted with a modest 4% return in 2022, which surpassed its benchmark ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
The government has handed down its plan to regulate buy now, pay later (BNPL) providers and products under the Credit Act to strengthen consumer outcomes. Historically, BNPL schemes have been exempt from tough regulation as they do not charge interest ...

Canadian pension fund buys Aussie spud farm

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
The Ontario Teachers' Pension Plan Board (OTPP) and its Australian agriculture subsidiary, AustOn Corporation acquired a majority interest in potato growing giant Mitolo Family Farms. With more than 50 years of operations, Mitolo Family Farms is the ...

The untold story of adviser education

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
On day two of the Association of Financial Advisers' Thrive Conference, Kaplan Professional chief executive Brian Knight said there's plenty of statements being thrown around about education, often without a lot of data behind them. However ...

Global pension fund snaps up telco stake

ANDREW MCKEAN  |  TUESDAY, 12 JUL 2022
The Ontario Teachers' Pension Plan Board will acquire a 70% interest in Spark New Zealand's mobile towers business 'TowerCo' for $1.18 billion. Under the terms of the acquisition, Spark has entered into a 15-year agreement, including ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...

Merricks Capital appoints head of distribution

CHLOE WALKER  |  WEDNESDAY, 12 JAN 2022
... wish her every success," a spokesperson from Bennelong commented. Prior to joining Bennelong, Seric spent two years at Plan B Wealth Management in Auckland. Merricks Capital recently capped off a $40 million senior credit facility with the ICAM Duxton ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... chains and the energy crisis - ones, that could cap (even reverse) economic growth momentum. Have no fear, the Fed has a Plan B. According to the minutes: "...in keeping with the outcome-based standard for initiating a tapering of asset purchases, the ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
Commonwealth Bank finalised its three-year action plan by implementing recommendations from a prudential inquiry to improve its governance and culture. At the same time, it has been slammed with court proceedings for underpaying staff over $16 million. ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON  |  TUESDAY, 14 SEP 2021
A major Canadian pension fund has taken a 33.4% stake in the Greenstone, the Sydney-based distributor of several retail insurance brands. Ontario Teachers' Pension Plan Board has reached an agreement to acquire the stake from fellow Canadian pension ...
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