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Showing 1561 - 1570 of 4759 results for "July 2014"

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

Netwealth welcomes new distribution head

JAMIE WILLIAMSON  |  WEDNESDAY, 16 OCT 2019
Netwealth has appointed a former MLC director as its new head of distribution. The ASX-listed superannuation and investment solution provider has confirmed the appointment of Damian Holland to lead its distribution efforts earlier this month. The position ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The head of ESG research at Ausbil Investment Management has been recognised with an Anti-Slavery Australia's Freedom Award for his work in combatting slavery. Mans Carlsson-Sweeny was awarded a Certificate of High Commendation for his contribution ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... The weaker sterling exchange rate has helped. So too has the record low unemployment rate - 3.8% in the three months to July (lowest since 1974) - which is driving wages growth higher. UK total earnings including bonuses grew by 4.0% in the year to the ...

New executive role at Colonial First State

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
Colonial First State has created a new C-suite role, and has confirmed an interim replacement for Peter Chun who joined an industry fund earlier this week. Todd Stevenson has been appointed CFS's chief member outcomes officer, after nine years with ...

ASX updates listing rules

ELIZA BAVIN  |  FRIDAY, 11 OCT 2019
The Australian Securities Exchange has updated its listing rules, boosting its ability to crack down on rule breakers. ASX chief compliance officer Kevin Lewis said the changes are designed to improve disclosures to the market, make the listings rules ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
AustralianSuper, AMP Super, IOOF, QSuper and Hostplus are just some of the funds that will front the committee for a two day hearing in Canberra in November as part of its ongoing review of the four major banks and other financial institutions. Other ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
"Pessimism becomes a self-fulfilling prophecy; it reproduces itself by crippling our willingness to act." - Howard Zinn Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
"Yesterday, all my troubles seemed so far away Now it looks as though they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
A stitch in time saves nine. If only the Reserve Bank of Australia (RBA) adhered to this age-old proverb. But alas, by insisting on keeping the official cash rate at 1.5% for longer (from August 2016 to May 2019) than the dictates of global and domestic ...