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Showing 1281 - 1290 of 4503 results for "Reach"

MLC cuts fees, commissions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
... fees and commissions will be effective from 2 November 2020. "We're committed to giving you the best opportunity to reach your financial goals. That's why we're continuing our efforts to improve our products-for the benefit of you and all ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

J.P. Morgan rolls out global accounting services

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services. The move to the new accounting system, FIS' InvestOne, has been a multi-year project and seeks to ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master ...

Global pension fund doubles down on APAC

JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... opportunity to attract new regional talent as well as bring in existing global talent." In addition to broadening its geographic reach in APAC, OTPP said it is also adding a local senior member to the fund's Global Strategic Relationships (GSR) department. ...

Aware Super, Lendlease execute $200m recapitalisation

ALLY SELBY  |  FRIDAY, 18 SEP 2020
... Super," he said. "We value the support of our international partners who trust our vision for the portfolio and who helped us reach this milestone." Aware Super portfolio manager Alek Misev said the industry super fund was proud of the success the partnership ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... Catherine Nance has told the AIST virtual conference that it's not unusual for the total cost of a super fund merger to reach 10 basis points, a cost that has a greater impact on smaller funds as they could see their reserves wiped out overnight. ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...