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Showing 1651 - 1660 of 5908 results for "Second"

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... cash, to be much more liquid than we would presume to be or need to be." Other challenges noted by the panelists include a "second wave" of early release redemptions, a further widening of the retirement gender gap, a lack of bipartisan support over ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... Insurance Code of Practice seriously. The code came into effect in 2017, with the independent committee now publishing its second annual report on how life insurers are complying. The committee did not hide its disappointment, not only with life insurers ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... Vanguard previously announced that its Personal Investor offering would be rolled out progressively, with SMSFs being the second phase. Joint accounts and financial adviser accents will come next. Investors with SMSFs operated through either individual ...

IFM Investors equities co-head departs

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... now be appointed as the global head of listed equities. "Under the leadership of Neil and Aidan Puddy, IFM has become the second largest equities house in Australia," IFM said in a statement. "The small cap team [$1 billion in assets at April, 2019] ...

Investors turn to China-focused strategies

ALLY SELBY  |  MONDAY, 29 JUN 2020
... the potential of the Chinese equity market. "It is increasingly untenable to remain on the sidelines of the world's second largest equity market," he said. "More investors are beginning to take a strategic approach, as one might traditionally do ...

ASIC refuses just 3% of AFSL relief applications

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... planned to have the employment contracts of the financial advisers transferred to the unlicensed entity, which would then second the advisers back to the licensee. ASIC said the unlicensed entity sought relief on behalf of both entities that would treat ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... first relating to monthly reported information covering complaints, insurance, advice and operational resilience; and the second relating to quarterly reported data on liquidity, early release demographics and insurance cancellations related to the Protecting ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... these green shoots could provide positive momentum in economic activity going forward. Then again, the increasing risk of a second wave - in Beijing, in Victoria and even New Zealand - could force the government to declare a state of emergency part deux. ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... is different from past 10 years, where redemption suspensions have stemmed from outflows in two-thirds of the cases. The second highest levels of redemption suspensions since 2012 were seen last year at over US$30 billion - nearly half of the levels ...

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... concerns raised last July. The sale was first announced in October 2018 for $3.3 billion and the completion date set for the second half of 2019. However, it was blocked by an objection raised by the New Zealand central bank in July 2019. AMP revised ...