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Showing 1681 - 1690 of 4838 results for "EAC"

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
ASIC is warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members. The corporate regulator is urging Australians ...

First State Super enters global equities partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support. HSBC Global Asset Management has been awarded the mandate and will also provide ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
The underlying causes of total and permanent disability claims have been revealed in new research, and mental health tops the list. Life insurers pay out more on TPD claims caused by mental health conditions than any other kind of condition, according ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
Equity Trustees has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
CommInsure has been charged with 87 counts of making unsolicited telephone calls to sell life insurance, and faces up to $1.8 million in penalties. ASIC is alleging the Commonwealth Bank subsidiary unlawfully sold life insurance policies over the phone ...

APRA announces new executive roles, organisational structure

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
APRA said the changes are designed to "better align" its organisational structure with the strategic objectives previously set out in its Corporate Plan for 2019 to 2023. The regulator said it will move to an industry-based supervision model, with separate ...

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 ...

Macquarie, Tasplan and QIC shuffle airports

HARRISON WORLEY  |  WEDNESDAY, 2 OCT 2019
Macquarie's infrastructure arm picked up one airport, and dumped another. In the space of only a couple of days, Macquarie Infrastructure and Real Assets purchased the United Kingdom's only dedicated business airport, Farnborough Airport and sold its ...

Portfolio manager resigns from First State Investments

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
An experienced portfolio manager has resigned from Stewart Investors, an equities division First State Investments. Ashish Swarup was the lead manager for the Stewart Investors Global Emerging Markets Leaders strategy for its UK, Ireland and Singapore ...