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Showing 1551 - 1560 of 4463 results for "October"

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... European Pension Directive, IORPII and the UK Department of Work and Pension Investment Regulations coming into force in October 2019. Both these regulatory initiatives require pension funds to take ESG factors like climate change into account when making ...

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
... disappointing as the success of the sale formed a significant element of its forward strategy. The sale was initially announced in October 2018. At the time, AMP acting chief executive Mike Wilkins said it would see the creation of a "simpler, more focused ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... month. Business confidence dropped back below its long-run average of +6 to a reading of +2 - which had been observed since October 2018 - after surging to +7 in May. The RBA's target full employment rate target would be harder to achieve while business ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... global financial crisis (GFC) and the "Great Recession" when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. Domestic manufacturing, retailing, tourism, education, to name a few ...

Linda Elkins to depart Colonial First State

KANIKA SOOD  |  MONDAY, 8 JUL 2019
... join the firm effective August 5, taking over the leadership of the asset and wealth management practice from Howes on October 1. On July 1, Howes became national managing partner of KPMG Enterprise but will work with Elkins to transition responsibilities. ...

Industry fund to increase premiums

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... pride ourselves on being a value for money fund, so increasing insurance premiums isn't something we take lightly." In October 2018, EISS reduced premiums for death and TPD, and death only cover by 10%. The new fee structure, which was reviewed with ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... Interests First) Bill 2019, which was put on hold in April, is now being set in motion with a proposed commencement date of 1 October 2019. The Bill aims to prevent trustees from providing opt-out insurance to new members aged under 25, and those with ...

KPMG names life insurance lead

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... roles at AMP and Challenger. Pauline Blight-Johnston joins the consulting firm's actuarial and financial risk practice on October 8. She was most recently general manager of group strategy at Challenger, responsible for local and international growth ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... destroying". AMP chair David Murray defended the sale at its annual results in May saying: "Since the sale agreement in October, our financial results have reinforced that AMP is not the best owner of a life insurance business with higher capital requirements ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... of July 1 the group insurance offered to Tasplan members is provided by MetLife. The insurer was awarded the mandate in October 2018 and has worked with Tasplan since on integrating technology platforms. MetLife chief customer and marketing officer Chesne ...