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Showing 1391 - 1400 of 4374 results for "Press"

ESG enthusiasm booms post-Royal Commission

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
The Royal Commission may have pushed some businesses to prioritise environmental and ethical social governance (ESG), according to Perennial portfolio manager Damian Cottier. Perennial surveyed a series of listed companies, asking about their ESG priorities ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
Latest research shows a glut of Aussies intending to retire soon don't have enough savings to sustain themselves. According to the latest findings from Roy Morgan, almost half a million Australians intend to retire in the next 12 months - a 6% increase ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
Those were the days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The $50 billion industry superannuation fund has joined a high profile group of international investors applying pressure to social media giants following the Christchurch terror attacks. HESTA announced it joined the campaign to force social media ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
APRA's new enforcement approach to cyber security may mean financial services firms have to conduct fire drills - where fake viruses or phishing attacks are deliberately spread in their systems - to work out the strength of their systems. APRA released ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
Concern the superannuation industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ...

Former super fund investment lead joins consultancy

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
An independent investment consultancy has welcomed the former chief investment officer of Commonwealth Bank Group Super as it looks to expand its Australian operations. Gerard Parlevliet has joined bfinance in the newly-created role of senior strategic ...

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
... Standard there are no job cut programs or targets in the works, and that much of the reduction in numbers written in the press are a result of the bank divesting its Asian retail businesses. The statement read: "While we don't have any specific reduction ...

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... the Protecting Your Super package (PYSP) reforms, which are due to take effect on 1 July 2019. ASIC Commissioner Danielle Press said: "It is not appropriate for trustees to encourage all members to maintain insurance - many members with inactive accounts ...