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Showing 1 - 10 of 1566 results for %22Citi Australia%22

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... property price surge and cost future taxpayers billions in higher pension costs. The Association of Superannuation Funds of Australia (ASFA) said it was disappointed to see the superannuation system being treated as a "political football" in the lead-up ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Visa-compliant (SIV) products, which require a minimum investment of $5 million and essentially fast track residency in Australia, to attract potential investors. The Financial Services Council estimates that SIVs have attracted $15 billion from investors ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... "not having to worry about everyday livings costs and energy bills, being able to eat out once a week and travel in Australia in our caravan." For another, comfortable meant "having enough money to take an overseas trip every few years without having ...

Former AMP Capital research lead joins family office

ELIZABETH FRY  |  MONDAY, 15 APR 2024
... private equity, they are recruiting a lot of ex-investment bankers too. At RW Capital, he can count ex-Goldmans, Macquarie, Citi and Mckinsey staff. Dixon began his investment career in property as an analyst at Macquarie Capital in 2003. He later shifted ...

Citi Australia managing director takes on expanded remit

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Citi Australia has expanded the remit of managing director Nicki Ashton, appointing her as the head of financial institutions sales and solutions (FISS). In her new role, Ashton will provide strategic oversight of Citi's engagement and support for institutional ...

Job flexibility, labour market delay retirement age

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Job flexibility and a tight labour market are keeping more Australians at work, research from KPMG finds, giving rise to a delay in their retirement. The analysis found that men are retiring at 66.2 years old, from 63.3 years old two decades ago, while ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... the previous year's 23.2% return. According to its LinkedIn page, Manildra Group employs more than 1200 people across Australia. The fund intends to fully liquidate its investments by April 30. Remaining members have until June 14 to notify the trustee ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... IAM general counsel Cameron Coleman will also take on the role of chief operating officer. Coleman has held senior roles at Citi, Shaw & Partners, FIIG, and Wilson HTM Investment Group. The asset manager's head of operations Kim Henry will run platforms ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... commitment to the Australasian market and success in the region since its entry in 2020, citing the recent acquisition of AIA Australia's super and investments arm. "Our growth is predominantly through the acquisition of in-force portfolios of life insurance ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... delighted to have been appointed by Fiducian, demonstrating our commitment to servicing Australian investors," Citi Australia and New Zealand head of securities services Mark England said. "Through ongoing investments into our data and technology capabilities ...
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