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Showing 1211 - 1220 of 3673 results for "Maintain"

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... is expected to be 80% complete by the end of FY20. "AMP has taken decisive action to support clients and employees and maintain a strong a resilient business, as COVID-19 continues to impact investment markets and the broader economy," AMP chief executive ...

Another merger at First State Super

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... WA Super brand will cease to exist. WA Super chief Fabian Ross said a key component of the negotiations for it was to maintain its local office in Perth. "If we don't merge it will be more difficult for us to continue to offer the current level of ...

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
The Australian Institute of Superannuation Trustees has pushed for greater regulatory reform, in a bid to scale up super fund investment in infrastructure, energy and housing. In a statement sent to state governments, relevant department heads and the ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... consequences on the financial comfort of households," Oughton said. In June, only 32% of households indicated they could maintain their lifestyle for more than three months if they lost their income. Interestingly, 21% of households have less than $1000 ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Life insurance needs to prove value

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
Life insurance claims paid out billions of dollars to Australians last year. However, the industry needs to focus on creating awareness for its members as it is faced with negative sentiment, specifically around group insurance, the FSC Life Insurance ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
For the first time since October 2009, Tasmania has taken out CommSec's top gong as the best performing economy in its own right. It replaces Victoria, which has held the top spot in the online stockbroker's State of the States survey - either outright ...

Australian Ethical adds to executive team

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
Australian Ethical Investments has appointed two new executives in newly created roles, adding a chief strategy and innovation officer and chief customer officer. Marion Enander will step into the role of chief strategy and innovation officer, while ...

State Street to launch ESG ETF

ANNABELLE DICKSON  |  MONDAY, 27 JUL 2020
State Street Global Advisors is expecting to launch a new low-cost environmental, social and governance (ESG) ETF on the ASX on August 5, with a similar risk-return to the ASX 200. The SPDR S&P/ASX 200 ESG Fund will go by the ticker E200 and is the ...

Value to be found in childcare stocks

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The government's ongoing fiscal support to the childcare industry throughout the pandemic has led to an undervaluation of childcare stock prices despite the COVID-19 surge in Victoria, according to latest research from Morningstar. Morningstar equity ...