Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11841 - 11850 of 29090 results for "PRI"

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Vanguard global chief executive steps down

KARREN VERGARA  |  FRIDAY, 14 JUL 2017
Vanguard global chief executive Bill McNabb will step down at the end of the year to be succeeded by chief investment officer Tim Buckley. McNabb, who will stay on as chair, served as chief executive since 2008. He joined Vanguard 31 years ago, led ...

Club Plus Super appoints new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2017
Club Plus Super promoted from within to name its new chief executive. Stefan Strano, who has been acting in the role since the departure of inaugural chief executive Paul Cahill, has been formally appointed to the position. Strano has been with the ...

China awards private fund license to $900bn manager

ALEX BURKE  |  FRIDAY, 14 JUL 2017
A global investment manager representing about $900 billion in assets under management has been granted a private fund management license by the Asset Management Association of China (AMAC). The AMAC license will allow UBS Asset Management to offer ...

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
The Federal Government will take action to close a loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee ...

Perpetual case dismissed in court

ALEX BURKE  |  THURSDAY, 13 JUL 2017
Although Perpetual's shareholder oppression case against Washington H Soul Pattinson was dismissed by the Federal Court on Monday, chief executive Geoff Lloyd said his group was simply acting in the best interests of unitholders. Perpetual, which retains ...

Tech providers fall behind increased planner needs

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2017
More than 70% of financial planners are open to transition from their primary platform, saying technology providers are failing to adequately fulfill growing needs. Insights from the Investment Trends Planner Technology Report show 75% of financial ...

Super funds renew custody contracts with State Street

EMMA RAPAPORT  |  THURSDAY, 13 JUL 2017
Two superannuation funds with a combined $9 billion in assets under management have reappointed State Street to provide custody and asset services. NGS Super has re-signed with State Street for an additional three years, while Christian Super has also ...

BlackRock hires new executives

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
BlackRock is expanding its digital and distribution strategies with two executive appointments. Katie Petering is the new head of asset manager sales for BlackRock's exchange-traded funds business iShares. She will report to head of iShares Australia ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
Fund administrator MainstreamBPO announced it will acquire a portion of IRESS' superannuation administration business. IRESS has agreed to divest its superannuation administration business for customer-owned banks and deploy 14 super fund clients to ...