Myer board steers clear of backing Solomon Lew's board nominee
Myer calls on Solomon Lew’s Premier Investments to stop creeping up its share register and refused to back the appointment of a long-time Lew lieutenant.
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Myer calls on Solomon Lew’s Premier Investments to stop creeping up its share register and refused to back the appointment of a long-time Lew lieutenant.
Is the veteran retailer getting ready to take full aim at Myer? Premier Investments director Terry McCartney is poised to join the board of the department store group.
Netwealth cashes in on industry transformation Netwealth cashes in on industry transformation The platform provider saw funds under administration soar over the 2020 calendar year, saying it expects to continue benefiting from consolidation in the advice sector. A A As at the end of the 2020 year, Netwealth had $38.8 billion in funds under administration (FUA), a 36.1 per cent rise ($10.3 billion) on the prior corresponding period (pcp). There had been $2.6 billion in net inflows for the December quarter, contributing to its FUA net inflows of $9.2 billion for the 2020 calendar year. Fun...