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Showing 1281 - 1290 of 5157 results for "Rest"

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

360's plan for Evans Dixon

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
... E&P or gets access to due diligence documents. If 360 Capital acquires 90% or more of E&P shares, it also plans to take the rest of the ownership under compulsory acquisition rules, apply for E&P to be removed from the ASX list and replace all E&P directors ...

Jail time for tax adviser

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
The Federal Court has sentenced a tax adviser to seven and a half months in prison and fined him $640,000. Brisbane-based Kent Scott Hacker will spend Christmas behind bars after receiving the seven and a half months sentence. He, and his related companies ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
A total of 2802 financial advisers have departed the industry in 2020, with just 60 new advisers joining, according to Rainmaker analysis of the Financial Adviser Register. AMP Financial Planning lost the most advisers of any AFSL this year, with 323 ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... working in the sectors hardest hit moved to reassure members. Funds with a higher proportion of younger members, such as Rest and Hostplus, and anticipating an onslaught of early release requests, began calculating the impact nationwide shutdowns would ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... questioning politicians in Canberra. Here are the stories the Financial Standard team thinks defined the year in superannuation: Rest climate case dismissed Super funds spent 2020 falling over themselves to prove their dedication to fighting climate ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... of women membership has been called out for not prioritising board diversity initiatives in the companies it invests in. Rest, with 1.8 million members of which 60% are women, was grilled at a Standing Committee on Economics hearing into superannuation ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The COVID-19 pandemic has led to household wealth hitting a record high as Australians stashed their cash during a year plagued with volatile markets and an economic shutdown. Total household wealth increased 1.7% to a record high of $11.35 trillion ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... income variability - and this is exacerbated by gig workers being under-insured. Gig workers are 30% less likely than the rest of the population to have life insurance.