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Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON | MONDAY, 27 APR 2020

The big bank has entered a trading halt as it looks to raise $3.5 billion to sustain the business throughout the COVID-19 downturn which has so far seen the interim dividend more than halved and the NAB leadership team take pay cuts.

IOOF joins FEW corporate partner lineup

JAMIE WILLIAMSON | THURSDAY, 23 APR 2020

At a time when many organisations are limiting discretionary spending, IOOF is doing the opposite - signing on as the latest corporate partner to Financial Executive Women to provide staff with ongoing educational and professional support.

SuperFriend bolsters support offerings as demand peaks

HARRISON WORLEY | MONDAY, 20 APR 2020

SuperFriend is adding to its suite of workplace mental health training resources, as super funds, insurers and other workplaces turn to the organisation for help supporting employees through COVID-19.

Law firm cuts pay

ALLY SELBY | MONDAY, 20 APR 2020

Slater and Gordon directors and senior executives will see their pay reduced by 10-15%, as the ASX-listed legal powerhouse moves to strengthen its balance sheet amid the COVID-19 crisis.

Vale Ted Evans

ELIZA BAVIN | TUESDAY, 14 APR 2020

Tributes are flowing for former Westpac chair and Treasury secretary Ted Evans, who passed away over the weekend.

ACTU pokes holes in JobKeeper

HARRISON WORLEY | WEDNESDAY, 1 APR 2020

The Australian Council of Trade Unions believes the government's JobKeeper program is still flawed, though is glad the calls of Australian workers have been heard.

FEW launches Livestream series

JAMIE WILLIAMSON | TUESDAY, 31 MAR 2020

In response to COVID-19, Financial Executive Women has launched an industry-first weekly Livestream event for its members.

Banks throw more businesses a lifeline

ALLY SELBY | MONDAY, 30 MAR 2020

Australia's banks will extend the six-month deferral of loans to 30,000 more businesses, in a bid to assist commercial landlords struggling to do the right thing by their tenants during the crisis.

CFA postpones exams

ELIZA BAVIN | FRIDAY, 20 MAR 2020

The CFA Institute has postponed the June 2020 CFA exam, saying the decision was reached for the safety of the global community.

JP Morgan commits $86m to COVID-19 crisis

ALLY SELBY | THURSDAY, 19 MAR 2020

JP Morgan Chase & Co has committed $86 million (US$50 million) to address global public health and long-term economic challenges from the spreading COVID-19 pandemic.

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MLC AM targets EM strategy with fresh mandate

MATTHEW WAI

MLC Asset Management has selected a global investment manager to leverage its 16-year-old emerging markets strategy.

Digital assets on the right path: Industry

MATTHEW WAI

Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey.

NCAs unlikely to solve retirement advice gap: HUB24, CFS

RIDDHIMA TALWANI

HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs.

AustralianSuper rolls out new investment data platform

VINNY VUCAGO

AustralianSuper has implemented a new investment data platform designed to improve portfolio oversight, risk management and decision-making as the superannuation fund expands its global operations.

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Expert Feed

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