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Showing 1401 - 1410 of 4374 results for "Press"

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
Tribeca Investment Partners' $978 million Alpha Plus Fund has seen another departure from its investment team after long-standing portfolio manager Sean Fenton fled the coop earlier this month. Quantitative analyst Peter Moore resigned on April ...

Super leaves retirees vulnerable: Research

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
Older Australians are feeling the pressure of a retirement system geared towards superannuation, according to National Seniors Australia. The report, launched in conjunction with Challenger, shows over a quarter of retirees who claim they can't tolerate ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed ...

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Industry funds will shortly take the lead from SMSFs as the sector with the largest assets under management, new KPMG research predicts. KPMG's annual Super Insights report suggests by 2029, industry funds will have more than $2 trillion in assets and ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, a highly anticipated ...

AMP, IOOF: Saved by ESG

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... members. "Through one-on-one engagement with key company management individuals and board members, and even interactions in the press, we made it clear to the company that we were disappointed that it had been unable to manage relations with a key regulator," ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... authority to provide MDA services it had worked constructively with the corporate regulator. ASIC commissioner Danielle Press said ASIC is expecting improvements across the advice industry, and additional license conditions were part of ongoing efforts ...

NZ Super responds to Australian social media laws

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... where important news can be censored across social media platforms, which is contrary to the democratic principle of a free press, which exists to hold governments to account. "While the Law Council agrees that action needs to be taken in this area ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... licence conditions is part of ongoing efforts to make our expectations clear to AFS licensees," ASIC commissioner Danielle Press said. "ASIC will impose licence conditions based on what an applicant is seeking authorisation for, what we know of them ...