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Showing 1161 - 1170 of 2789 results for "TES"

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
US Federal Reserve chairman Jerome Powell's in the Hole - the annual Jackson Hole symposium, that is. Out of or deeper into the (Jackson) hole? Powell's all too aware that he has to mind his Ps and Qs because his every word would be sliced ...

CFA exam results out, record participation

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
More than half of the candidates for the Level III CFA Program exam in June passed, CFA Institute announced. The 21,000-plus (56%) candidates - out of 38,377 - for the exam are now eligible to become CFA charter holders, pending verification of professional ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...

Complex retirement system requires simplicity: Report

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
A new report is putting forth key reforms needed to make superannuation fairer and more efficient ahead of the Federal Government's review of the retirement income system. The Actuaries Institute outlined a number of reforms needed to help fix the ...

PPS Mutual bolsters leadership

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
Specialist insurer PPS Mutual announced two senior appointments from ANZ Wealth and Asteron Life. Steve Salter has been appointed state manager for Western Australia and South Australia and David Lowe steps into a senior underwriter position. Salter ...

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
Investors including Singapore's $150 billion plus sovereign wealth fund are looking to pull out over $1.3 billion from popular DNA testing company Ancestry.com, according to a news report. Singapore's GIC and private equity firm Silver Lake Management ...

BlackRock backs lifestyle, marketing firm

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2019
Following an investment of more than $1.2 billion, BlackRock now holds the biggest stake in the new owner of Sports Illustrated magazine. Entities affiliated with BlackRock's Long Term Private Capital (LTPC) fund made a strategic investment in Authentic ...

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
Investors and financial advisers were left confused when the almost $4 billion SPDR S&P/ASX 200 Fund (ASX: STW) failed to pay out any franking credits with June's year-end distribution for the first time in its 18-year-long history. State Street paid ...

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women. Super Life is founded by chief executive Pascale Helyar-Moray, who formerly led Human Super. According ...

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...