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UniSuper says dual-class shares could lure founders back to the ASX
UniSuper says dual-class shares could lure founders back to the ASX

AU Financial Review

time10-07-2025

  • Business
  • AU Financial Review

UniSuper says dual-class shares could lure founders back to the ASX

The country's fourth-largest pension fund says it supports the conferral of special, more powerful shares for ASX-listed companies as a way of enticing more founders to bring their businesses to a sharemarket that some fear is in structural decline, as long as there are appropriate safeguards. UniSuper chief investment officer John Pearce is the most influential public figure to fall-in behind the market operator's push to reconsider dual-class shares, which give founders or controlling shareholders greater voting power and control over a company compared to all the other investors in it.

Leeds woman's boxing class for people living with Parkinson's
Leeds woman's boxing class for people living with Parkinson's

BBC News

time22-06-2025

  • Health
  • BBC News

Leeds woman's boxing class for people living with Parkinson's

A woman who was diagnosed with young-onset Parkinson's disease has set up a boxing class as a way to empower others and help them manage their Pearce, 58, said after experiencing the physical and emotional challenges of the condition first-hand, she discovered that boxing could significantly improve balance, strength, coordination and overall to find a class that matched her work commitments, she took the initiative to start her own at Trident Fitness in Morley, said: "I know by taking control and doing this exercise it helps me to feel as fit as I can for as long as I can." Parkinson's is a progressive disorder that affects the brain, nervous system, and muscle control. It is the fastest growing neurological condition in the world, with about 153,000 people in the UK living with the is currently no cure for it but treatments are available to help relieve the symptoms. 'A diagnosis I never wanted' Mrs Pearson was diagnosed three years ago, decades after her brother John was told he had the now experiences stiff joints, low mood and anxiety and struggles with insomnia, fatigue and her balance. "It wasn't a total shock, but it was a diagnosis I never wanted but I guess I knew would come one day," she by how her brother faced his diagnosis despite his health declining over the years, Mrs Pearce said she realised the importance of looking after she overheard someone say how boxing had helped them manage their symptoms, she began looking into it."It's hugely important to have the opportunity to access Parkinson's specific exercise classes," she said."It's almost as if exercise should be on prescription because it's the only thing known to slow down the progression." The classes at Trident, which take place Thursdays at 18:30 and Saturdays at 10:00, started in November and are partly funded by England Boxing and Parkinson's Pearce said the class was hugely popular and gave people a welcoming space to openly share their experiences."Everyone's Parkinson's journey is very individual," she said."Some people will have a tremor, some won't, some will have stiffness, some people's posture will be really challenged - no two people's journeys are the same."Mrs Pearce said she was grateful for the support she had received in setting up the also helps run Yorkshire and Humber Younger Person's Support Group which supports people under 67 living with Parkinson's."We try and uplift people as much as we can and lead by example," she said."Whilst we live with Parkinson's, we all live very full lives." Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North.

CloudPay debuts 'out-of-the-box' payroll system for mid-size businesses
CloudPay debuts 'out-of-the-box' payroll system for mid-size businesses

Finextra

time17-06-2025

  • Business
  • Finextra

CloudPay debuts 'out-of-the-box' payroll system for mid-size businesses

CloudPay, the global leader in payroll and payments solutions, has unveiled a brand new 'out of the box' payroll solution, designed specifically for midsize businesses to streamline and simplify payroll processes. 0 The solution is easy to launch, easy to use, and ready for growth as businesses scale up into new countries or new entities. This new powerful, fully cloud-based payroll solution is industry-leading, featuring: • Fixed scope, fixed fee packages to provide clarity, certainty and control • Fast, hassle-free implementation and onboarding within 60 days, with ready-to-go single country set-up to accelerate value generation • Intuitive, easy-to-manage experience with a digitally-based platform to manage new hires, payroll, payments and changes, reducing operational dependency and shortening resolution time - with expert support on hand when required • Built-in global compliance backed by deep local expertise and automated tax and labour rules, minimising legal risks and providing clarity on in-country regulations • Integrations that work simply with HCMs and other data sources, eliminating rework and manual processing Designed to operate in tandem with tailored HCM solutions, CloudPay's release demonstrates how a payroll solution can work seamlessly with HCM technology to create a simple and effective solution. This builds on the recent best-in-class integration with Workday's Global Payroll Connect (GPC) solution. John Pearce, Chief Customer Officer at CloudPay, comments: 'We are excited to launch this new proposition specifically aimed at midsized businesses - it is utterly unique. A ready-to-go payroll solution that streamlines and simplifies payroll processes, keeps pace with changing regulatory frameworks worldwide, with the option to scale in line with business growth, is arguably the silver bullet many organisations have been looking for. 'We believe that global payroll shouldn't be complicated for midsize businesses so our solution is underpinned by intelligent automation, global expertise and best-in-class customer service. Furthermore, it's not rigid in its structure; we understand that customers need adaptable pay systems, and so we can tailor the solution accordingly. 'Whether companies are entering new markets or optimising existing operations, we look forward to supporting more customers on their payroll journeys, eliminating the manual strains of out-of-date payroll solutions.'

UniSuper Turns to Cash to Navigate Market Ructions
UniSuper Turns to Cash to Navigate Market Ructions

Bloomberg

time03-06-2025

  • Business
  • Bloomberg

UniSuper Turns to Cash to Navigate Market Ructions

Hello, Rich Henderson in Bloomberg's Melbourne bureau with the latest headlines... Today's must-reads: • UniSuper ramps up cash holdings • Demand for Aussie bonds falls • Australia cracks down on crypto ATMs UniSuper is ramping up its holdings of cash to navigate market uncertainty. John Pearce, chief investment officer of the A$149 billion fund, said its cash holdings were approaching Covid 19-era levels as Donald Trump's trade war roils global markets.

Cash Is Key Trump Trade for $96 Billion Australian Pension Fund
Cash Is Key Trump Trade for $96 Billion Australian Pension Fund

Bloomberg

time03-06-2025

  • Business
  • Bloomberg

Cash Is Key Trump Trade for $96 Billion Australian Pension Fund

One of Australia's largest pension funds, UniSuper, is ramping up its cash holdings to near Covid 19-era levels as President Donald Trump's trade war roils global markets. John Pearce, chief investment officer of the A$149 billion ($96 billion) fund, called cash the 'only risk-free investment' and said his firm was wary of the risk that a rise in US inflation could hit both stocks and bonds simultaneously.

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