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Showing 1391 - 1400 of 5905 results for "Second"

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... 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. ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
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 ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... 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 ...

FASEA exam results for November 2020

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
... 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 ...

ERS had little effect on funds: Research

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... 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 ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... 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 ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... 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 ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... 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 ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
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. ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... 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 ...