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| | | ... company said it planned to have its own systems around legal, risk, HR, enterprise and IT systems. Northern Trust is the second-largest custodian in Australia, after inching up the league tables i n two successive reporting periods, as at June 2020. ... |
| | | | The Australian Institute of Superannuation Trustees says the new Your Future, Your Super laws should prioritise underperformance ahead of stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation ... |
| | | | ... company will expand MLMF's term deposit offering by replicating the investment strategy it uses in its term annuity business. Second, the acquisition will allow Challenger to target a wider range of customers. Challenger managing director and chief executive ... |
| | | | ... exam for the first time passed the November exam. In this latest exam, 58% of advisers re-sitting the exam passed on their second attempt compared to 59% re-sitters across all exams "FASEA congratulates successful candidates on completing an important ... |
| | | | ... settings," it said. "The average fund received over 40,000 applications and made total payments of $316 million in the second quarter of 2020." The research found that despite this, if given enough advanced warning about larger liquidity outflows, they ... |
| | | | ... Mercer principal - insurance leader and previously spent more than a decade at Colonial First State. His appointment was the second to the team, following that of Michael Lovett as head of superannuation. 9. Statewide dumps executives (January 23) Statewide ... |
| | | | ... of states. US retail sales dropped by 1.1% in the month of November, following a 0.1% fall in the previous month for its second straight month of decline. The IHS Markit Flash US PMI finds that this continued in December. Here are its key findings: Flash ... |
| | | | ... significant foothold of the school banking market, attracting 3629 schools with 175,138 active accounts. Bendigo Bank comes second place with 146 schools. In FY18, CBA paid schools $2.5 million to participate in its programs. This figure dropped to $2.1 ... |
| | | | A second advice practice has left the MLC Wealth dealer group ahead of the merger with IOOF. Venture Financial Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from Godfrey Pembroke in November. ... |
| | | | ... growth in fixed asset investment picked up by 2.6% in November, strengthening from October's 0.8% year-on-year gain -- the second continued month that it had been in the black following seven straight months of contraction and a sharp recovery from the ... |
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