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Showing 1261 - 1270 of 5905 results for "Second"

UBS AM wholesale client coverage lead departs

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... of wholesale client coverage and Brendan Busuttil as client coverage officer to the Sydney office. Williams' exit is the second senior departure at UBS AM in recent weeks. The unit's managing director for the Australia and New Zealand region Bryce Doherty ...

Asendium launches swift SOA solution

KARREN VERGARA  |  FRIDAY, 28 MAY 2021
The fintech has officially launched a solution that slashes the time to generate a statement of advice from eight hours to two hours. Asendium is aiming to reduce three major bottlenecks for advisers: processes, people and fragmented systems. Asendium ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... the Westpac-Melbourne Institute index of consumer confidence dropped by 4.8% in May from April, the 113.1 reading is the second highest since April 2010. And why not? Australia's labour market continues to improve despite the withdrawal of the government's ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... recovers and capacity pressures begin to rise. Employment is expected to return to around its maximum sustainable level in the second half of the projection." Rising capacity pressure plus a declining unemployment rate equals higher wages growth, reading ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
... partner, China: non-monetary gold, up $282m (129%) metalliferous ores, up $204m (2%) Gold exports to China occurred for the second month in a row, following a 14-month period of nil trade. The increase in metalliferous ores to China, reaching $10,858m ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
UBS, Nomura and UniCredit were fined a total of $585 million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of ...

Advisers report burnout, breaking point: Research

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... two stages in late 2020. The first phase canvassed 45 volunteers, while 709 financial advisers competed the survey in the second phase.

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... investment and risk management director, carried out her powers and discharged her duties dishonestly or recklessly. In the second charge, she gave false information to the auditors of Global Merces. The final charge related to Grofski falsifying the ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... it wants the final legislation to turn on stapling only after the new APRA tests have removed dud funds from the system. Second, it wants the superannuation funds of members working in dangerous occupations excluded from stapling. This was previously ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... index of consumer confidence dropped by 4.8% in May from April. Then again, and as Westpac points out, "It is still the second highest print for the Index since April 2010 and does follow an 11% rise in the Index over the previous three months". All ...