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Showing 1421 - 1430 of 4879 results for "FAR"

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds, and found that industry funds are "far more aggressive" with their allocations to non-traditional assets. "AustralianSuper, Cbus, and Sunsuper are all permitted ...

Partnership sees improved advice services

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
Members of a $13 billion superannuation fund are benefitting from expanded financial advice capabilities via a partnership with Link Advice. LGIAsuper partnered with Link Advice in October 2019 and has now expanded its telephone service for providing ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
With a covid here, and a covid there, everywhere a covid, even old MacDonald (who had a farm) will get sick reading, hearing and listening to stories and warnings over escalating infection numbers... E-I-E-I-O. COVID-19 has captured the world's ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... to say with any degree of real certainty that growth is really 3-4%, but I think it's weaker than 6%," Green said. "So far we have seen no indication the economy was picking up in the fourth quarter of last year." Green argued the slowdown in economic ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... suspended overtime for 4,000 UK employees after the coronavirus outbreak prompted a shortage in parts coming from China." "So far 24 airlines have cancelled flights to and from China. They include British Airways, Air France, and Dutch airline KLM, which ...

VicSuper PM jumps for industry fund

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
The portfolio manager for responsible investments at VicSuper has resigned ahead of the fund's merger with First State Super, jumping ship for an industry super fund. Kim Farrant has been appointed as the head of ESG at Hostplus. She had been with ...

Compensation bill hits $750m

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
Six of Australia's largest banking and financial services institutions have so far paid, or offered, a total of $749.7 million in compensation to customers, according to new data released by ASIC. The regulator said AMP, ANZ, CBA, Macquarie, NAB and ...

Perpetual head jumps for greener pastures

ALLY SELBY  |  MONDAY, 10 FEB 2020
A Perpetual general manager has packed his bags, departing the financial services firm for a simpler life in Hobart, Tasmania. Perpetual general manager of corporate finance and investor relations, Andrew Ehlich, resigned last month after a 13-year ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... "Much will depend on the success of the various efforts to control the virus so we are monitoring developments closely." As far as the future is concerned, the bank said the areas where further investment is needed to improve Australia's future prospects ...