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Showing 1451 - 1460 of 3676 results for "Maintain"

Super JV names chief investment officer

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
... Catholic Super manages $10 billion in member money, Equipsuper has approximately $15.2 billion. The joint venture will maintain both individual brands at the moment but the funds will share a single trustee which will be led by a new, merged trustee ...

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
... the ire of the prudential regulator, which in May exercised its newly vested powers and directed IOOF to implement and maintain the OST or risk facing a financial penalty under the SIS Act. Recently appointed IOOF chief executive Renato Mota said the ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... to keep the status quo - interest rate at -0.1% and 10-year government bond yield target at around 0% - and vowed to "maintain the current extremely low levels of short and long-term interest rates for an extended period of time, at least through around ...

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
While closing the salary sacrifice loophole is important, the bigger issue that needs to be addressed is that of unpaid super, according to Industry Super Australia. That was the main point in the body's submission to Schedule 7 of the Treasury Laws ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
... 'comfortable' and 'modest' levels, compared to the 1.6%increase in CPI. That's equivalent to an additional $918 couples needed to maintain their standard of living, and $648 for singles. This increase in headline rate, while it does not look large, hides ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

On track: APRA reveals RC progress

HARRISON WORLEY  |  THURSDAY, 8 AUG 2019
... year and an additional five due by the end of 2020. Importantly, Hayne's recommendation that APRA and ASIC prepare and maintain a joint memorandum setting out how the two will co-operate with each other within their statutory obligations, is due for ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows. The Institute for ...

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... weighted towards investments in Japan, South Korea, Singapore, Hong Kong, Taiwan and Australia," Luciano said. "We will maintain a watching brief on India, mainland China and the Philippines but will not be investing in companies listed in these jurisdictions ...