MLC Life and Resolution Life Australasia to merge
Dec 11, 2024 · Nippon Life president Hiroshi Shimizu said the deal aligns with the company's intentions to continue to grow in the Australian life insurance industry and emphasised the …
BNP Paribas secures Insignia mandate | Financial Standard
Dec 17, 2024 · BNP Paribas' Securities Services business has been appointed by Insignia Financial to provide custody and administration services. BNP Paribas said the mandate with …
Engage Financial launches practice management firm
Dec 11, 2024 · Engage Practice Management is led by directors Lena Ridley and Charles Blake, each bringing over 25 years of industry experience. Ridley, formerly the chief executive of …
ANZ, OnePath settle $50m class action | Financial Standard
Oct 4, 2024 · ANZ and OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement.
JBWere partners to launch fixed income funds | Financial Standard
Dec 17, 2024 · "Australian investors allocated a record $6.26 billion to managed fixed income funds in the first half of the year," Saadie said. "Now, with the US Federal Reserve easing and …
RBA 'paves way' for February rate cut | Financial Standard
Dec 11, 2024 · The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive …
Financial Standard
AustralianSuper aims to five-fold $1.4bn Euro venture in five years MATTHEW WAI AustralianSuper has acquired a 50% stake in Oxford Properties Group's $1.4 billion European …
Con Michalakis jumps to Funds SA | Financial Standard
Dec 12, 2024 · High-profile Hostplus executive Con Michalakis has landed the top investment job at the $46 billion public sector investment manager. Reporting to Funds SA chief executive …
Unemployment drops below 4% | Financial Standard
Dec 12, 2024 · "The participation rate fell by 0.1 percentage point to 67% in November, from the historic high of 67.1% in September," Taylor said. "Despite the fall, the participation rate was …
TelstraSuper and Equip Super merger to go ahead
Dec 3, 2024 · The merger will create a combined profit-to-member fund with more than $60 billion in funds under management and over 225,000 members. Equip Super will be the go forward …