Chief economist update: The Fed has hit neutralBY BENJAMIN ONG | WEDNESDAY, 27 FEB 2019 11:23AM
The US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive.Read more: Fed, Committee, Goldilocks, Banking, Brexit, China, Core PCE, Donald Rumsfeld, Europe, Financial Services, FOMC, House of Representatives, Housing, Urban Affairs of, US Federal Reserve Chairman Jerome Powell, US Senate
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women.
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement.
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service.
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal.
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