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Showing 1371 - 1380 of 7843 results for "Open"

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... institutions for their quick response to the pandemic," he said. "As always, we encourage banks and insurers to maintain open and transparent communication with their customers about the support available to them if they're experiencing financial difficulty." ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... The fund is operational from today. Perpetual's The Trust Company (RE Services) will be the new fund's trustee following an open tender process. Meanwhile, a consortium led by Sarona Asset Management Inc. will act as the investment manager. It will partner ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... Investors with SMSFs operated through either individual or corporate trustee structures and who meet the eligibility criteria can open a Vanguard Personal Investor SMSF from today. "Vanguard Personal Investor offers investors a differentiated focus compared ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... now-reversed closure and has performed well since March. "Our view is that it was in the best interests of clients to keep the fund open under a new, more efficient cost structure. Together Dalton and Mantis managed to convince our RE, EQT to retract ...

Chi-X releases viral TraCRs stocks

ALLY SELBY  |  THURSDAY, 25 JUN 2020
Stock exchange Chi-X has added five new US listed companies through its investment vehicle TraCRs, which it says reflect the societal and behavioural trends kick-started by the COVID-19 pandemic. This includes video conferencing service Zoom, protective ...

FPA Congress moves online

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... "Disruption offers us the perfect time for reflection and reinvention," De Gori said. The FPA said the Virtual Congress is open to both members and non-members who will have access a total of 17 sessions over four months, including: four masterclasses ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... enable APRA to analyse the impact of COVID-19," APRA general manager of data analytics and insights Alison Bliss wrote in an open letter to superannuation trustees. The PDC will comprise of two components; the first relating to monthly reported information ...

Calls for index industry disruption

ALLY SELBY  |  MONDAY, 22 JUN 2020
... switching benchmarks on 22 index funds and ETFs in 2012, asset managers opting to self-index, and Morningstar launching the open indexes project. "The benefits of using a neutral third-party benchmark are clear: Independence matters when it comes to ...