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Showing 1521 - 1530 of 4506 results for "Reach"

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

SuperFriend boosts leadership

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUL 2019
... we're feeling extremely positive about SuperFriend's future and the opportunities we are creating with our Partners to reach a greater number of Australian workplaces. " She explained that the expanded team will allow SuperFriend to create new mental ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... analysis, freezing the SG at 9.5% would see a male earning $85,000 a year lose around $147,000 from their super by the time they reach retirement, worth around $5500 a year in retirement. ISA chief executive Bernie Dean said the results should send a ...

Intiger makes global operations head redundant

KARREN VERGARA  |  MONDAY, 29 JUL 2019
Intiger has made its head of global operations redundant as it ramps up cost cutting initiatives. Sharon Wright was appointed to oversee teams in India and the Philippines in May 2015. Her role was made redundant in light of the ASX-listed financial ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...

APRA proposes new remuneration standard

KARREN VERGARA  |  TUESDAY, 23 JUL 2019
APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations. Draft prudential standard CPS 511 Remuneration is open for consultation until October 22. Chief ...

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... superannuation costs New Zealand $30 million a day, at $411 per week it assumes Kiwis have housing covered by the time they reach retirement. We know that's not the case for everyone." The review will also examine the public's perception and ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
NAB named a former Commonwealth Bank executive as its new group chief executive and managing director. Ross McEwan will take over the top job no later than April 2020, the group announced today. McEwan has been chief executive of Royal Bank of Scotland ...