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Showing 1061 - 1070 of 4372 results for "Press"

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... premiums in the process unless the member took active steps to opt out of this categorisation. ASIC commissioner Danielle Press noted insurance premiums for smokers are notoriously higher for smokers than non-smokers. "Given the low prevalence of smoking ...

Investment committees not up to scratch

ELIZABETH MCARTHUR  |  THURSDAY, 6 AUG 2020
New research from Thinking Ahead Institute has identified the flaws in investment committee practices and governance. The research, Going from good to great, points to the aviation industry as one the investment industry could stand to learn from. The ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox. Speaking at the All Actuaries Virtual ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... increasing number of US states that are experiencing rising infections. A fact not lost on US Fed chair Jerome Powell. At a press conference following the 28-29 July FOMC meeting, Powell declared: "We have seen some signs in recent weeks that the increase ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the only person who can decide how to spend the money is the individual ...

UK pension fund to go net zero

JAMIE WILLIAMSON  |  THURSDAY, 30 JUL 2020
The UK's National Employment Savings Trust, known as NEST, will immediately shift close to half of its entire portfolio to climate aware strategies and begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
Australia's superannuation industry will have foregone $3 trillion in growth by 2040 as a result of COVID-19, according to new analysis. The super industry was projected to hit $10 trillion over the next two decades, but Rainmaker Information has ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... September 2020. Now, people will be able to apply for up to $10,000 of their super savings until 31 December 2020. In a press conference, Treasurer Josh Frydenberg confirmed the extension would go ahead. The ERS extension will cost the government $2.22 ...

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
Some of the largest pension funds in the US have sent letters to their government urging action on climate change after a proposal sought to limit their ESG investing capabilities. The California State Teachers Retirement System (CalSTRS), which has ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The COVID-19 pandemic has demonstrated the strengths and weaknesses of property assets; with clear winners and losers emerging in the wake of the crisis. That's according to Principal Real Estate Investors chief executive Todd Everett, who told ...