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Showing 111 - 120 of 287 results for "Stretch"

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
... take five years. However, it was discovered that inappropriate assumptions were made and a reassessment saw the timeframe stretch to nine years, costing $1.185 billion in total. Wilkins admitted that in the most extreme cases, customers that had been ...

Zurich partners for future of work and insurance

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
Zurich has entered a three-year study partnership with Oxford University to develop a means of ensuring workers are effectively protected and supported in an increasingly fragmented labour market. Working with the Smith School of Enterprise and the ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... AustralianSuper signed the pledge, promising to divest tobacco-related investments last year, it was expecting the process to stretch into next year. "CFS is confident that it will meet the 2020 deadline. We are mandating that our fund managers sell ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged interest rates at that. For sure and for certain, financial markets would hear what they expect to hear from ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
Group insurers are finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance. MetLife head of reinsurance and regulatory affairs James Carey said the ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... 2018 and then pushed further back to 2019. The history of the RBA's policy movements back this up. The second longest stretch of steady interest rates is the 18-month period between August 2013 and January 2015 with the cash rate frozen at 2.5% before ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... "soon". Overlay this with the Fed's early 2018 forward guidance for three rate hikes this year and it wouldn't be a stretch to conclude that come the next FOMC meeting on 12-13 June, the fed funds rate would be 25 basis points higher from 1.5%-1.75% ...

Poor SoAs hindering advice process

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
There is growing concern that a lack of clear and consistent templates for Statement of Advice documents is potentially causing financial advice clients to sign off on advice they don't actually understand. Paraplanning services provider YTML has seen ...