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Showing 131 - 140 of 1367 results for "American"

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
The US state is spending big on financial education and is close to mandating personal finance courses for high school students in a bid to combat financial illiteracy. Assembly Bill 984, introduced by assembly member Kevin McCarty on February 15, would ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... of Administration (SBA) have banned ESG from considerations of the state's fund management practices. Twenty-five American Republican state attorneys general are suing the US Department of Labor to halt new rules that would allow US-based retirement ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... December. Condon brings over 40 years' experience to the role, having previously held senior management roles with American International Group (AIG), including as Australia chief executive for nine years. Meanwhile, Waldron has more than 30 years' ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The differences between the US and Australian defined contribution workplace superannuation system has been explored at an academic forum in New York. At the Global Committee of the Defined Contribution Institutional Investment Association (DCIIA) forum ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... action in the Federal Court against Firstmac Limited following its first DDO court action filed earlier this month against American Express. Firstmac distributes term deposits and other investment products, including interests in Firstmac High Livez ...

ASIC launches civil action against American Express

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
... relation to alleged breaches of design and distribution obligations (DDO). The case concerns two credit cards issued by American Express (Amex) that were co-branded with retailer David Jones (the credit cards). Under the DDO, Amex was required to make ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... glide paths like the US target date fund, Mitchem said they are exploring a glidepath formulation that would take the American standard of age-based retirement target dates and add a second factor, accumulated savings. "Using two factors, plan sponsors ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... TIAA, is hoping the acquisition will expand its private capital expertise and presence in Europe, complementing its North American private debt, and private equity investment specialist Churchill Asset Management. Of note, Arcmont currently has $21 billion ...

New SSGA chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... This year Hung was added to Barron's list of the 100 Most Influential Women in US finance, she has also been selected by American Banker as one of the 25 most powerful women in finance. On Hung's arrival, Taraporevala will assume the role of advisor ...

American Century appoints local distribution heads

CHLOE WALKER  |  MONDAY, 19 SEP 2022
... distribution. Alastair McKibbin will take on the newly created role of head of Australian wholesale business. Having worked for American Century Investments for over three years, McKibbin will relocate to Sydney from New York where he was vice president ...