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Showing 1061 - 1070 of 3462 results for "MAS"

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
While the overall inflation rate has been low, retirees are seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
Australia's largest superannuation fund has signed an agreement with the Indian sovereign wealth fund to invest up to US $1 billion in infrastructure opportunities and is taking a shareholding in the fund manager. AustralianSuper made an initial ...

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Companies should disclose workplace safety issues and fatalities in their ESG reporting to improve transparency and identify systemic risks, according to the Australian Council of Superannuation Investors (ACSI). That was a key takeaway from the council's ...

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
A former financial adviser in the US will spend the next 20 years behind bars after defrauding retiree investors of $30 million, some of which was used to fund religious ceremonies to ward off federal investigators. Dawn Bennett of Maryland was this ...

Alan Dixon on extended leave from URF

KANIKA SOOD  |  THURSDAY, 1 AUG 2019
The former chief executive of Evans and Partners, who stepped aside from the role in June to focus on the embattled US Masters Residential Property Fund (URF), is taking extended leave of absence for personal reasons. URF has a market cap of $301 million ...

Julie Bishop headlines AFA conference

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Association of Financial Advisers (AFA) released the program for its annual conference - with former foreign affairs minister Julie Bishop presenting and a focus on wellness. The theme of the conference is "united" and the AFA said in a challenging ...

Legg Mason affiliate appoints executives

KRISTI CHENG  |  TUESDAY, 23 JUL 2019
Global fixed-income manager Western Asset has appointed a head of Asia Pacific (ex-Japan) client service and marketing. Michael Dale has been named head of Asia Pacific (ex-Japan) client service and marketing, and the head of its Singapore office. Formerly ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
The wealth management labour force is set to continue expanding in the second half of the year according to recruitment firm Hays. Releasing its 2019/20 Salary Guide into Australia's job market, Hays said 47% of wealth management employers surveyed ...

JP Morgan-linked ship in US $1bn drug bust

KANIKA SOOD  |  MONDAY, 15 JUL 2019
A large container ship being linked to J.P. Morgan Asset Management has been the subject of a US $1 billion cocaine bust in the United States. The ship, MSC Gayane, is owned by a fund run by JP Morgan's asset management unit, according to CNN Business. ...