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Showing 1671 - 1680 of 17952 results for "Bank"

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
Loosening financial advice regulation under the Quality of Advice Review proposals would highly benefit superannuation fund members, but many are convinced that this only works in theory. The Quality of Advice Review chair Michelle Levy stuck to her ...

TelstraSuper names financial advice lead

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... of experience in leadership, change management and financial services, with previous senior roles at Perpetual, Macquarie Bank, E*Trade Australia, ANZ and AMP. She replaces Steve Cullen who held the role for four and a half years. He departed the fund ...

New front in super wars, stability at risk: Opposition

ANDREW MCKEAN  |  THURSDAY, 23 FEB 2023
... areas the government of the day determines are priorities. "Superannuation is Australians' money. It's not a piggy bank to be spent or taxed to fill budget holes." While still supporting the principle of an objective for super, Taylor says change ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Commonwealth Bank Group Super has entered a Memorandum of Understanding to potentially merge with Australian Retirement Trust (ART). The merger would see Commonwealth Bank Group Super's 67,000 members and $12.3 billion funds under management (FUM) ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
... school teachers who complete 20 hours of professional development with NGPF will earn a US$500 stipend. A 2016 survey by the Bank of America found that just 31% of young Americans aged between 18 to 26 believed that their high school education did a ...

CountPlus appoints new chief risk officer

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... Insignia from Equity Trustees in 2022 for $135 million. Chambers has also held senior executive roles at National Australia Bank, Commonwealth Bank, Colonial First State and BT. CountPlus chief executive Hugh Humphrey said Chambers' appointment was a ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... fallen recently, and it seems that the labour market is starting to loosen." Bloxham said this is good news for the Reserve Bank of Australia (RBA), as it will take pressure off wages growth and inflation. "Falling employment and a rising unemployment ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ...

Knight Frank, Berkadia form international alliance

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
Together, Knight Frank and capital markets advisory firm Berkadia will partner to become one of the world's leading multi-family brokers. The new partnership will establish a premier global capital markets platform, providing clients with access to ...