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Showing 1741 - 1750 of 4546 results for "October"

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
... contained. The latest update shows that headline inflation eased to an annual rate of 2.2% in November of 2018 from 2.5% in October - in line with market expectations but is the slowest rate since January this year. There's not second guessing the ...

Challenger bolsters exec lineup

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... largest provider of annuities in Australia while the funds management business has $81 billion in AUM at September end. At October end, it announced its chief executive of six years Brian Benari was stepping down to retire. His replacement, Howes, is ...

Retirement income covenant consultation continues

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... part of the Retirement Income Covenant Position Paper released in May 2018. Assistant Treasurer Stuart Robert said in October the deadline to provide income in retirement as a substitute or supplement to the Age Pension in the form of Comprehensive Income ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... of Statistics' (ABS) report on Housing Finance. It showed the total value of dwelling commitments rose by 2.6% in October - owner-occupied up 3.5% and investment housing up 0.6% - improving the year-on-year decline in finance commitment to -4.8% ...

Insurer awards $80m mandate

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... 20-year track record in the industry." The fund has delivered 4.3% per annum after fees since its August 2010 inception to October 31. This is 4.26% above the benchmark over the same time period, the manager said. Natixis Australia managing director ...

$300k makes advice worthwhile: Research

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... a minimum of $300,000 triggers the need for financial advice. The survey of more than 50,000 consumers in the year to October reinforces that financial advisers tend to target clients at the top end of the income bracket. Overall, 16.8% of respondents ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
... used to help the council design the moratorium on the use of genetic test results in life insurance that it announced in October. Under the agreement - which is "broadly" based on European designs - life insurers will not be able to use genetic test ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... 82.7% probability. US non-farm payrolls increased 155,000 in November 2018, following a downwardly revised 237,000 in October, and well below market expectations of 200,000; the unemployment rate steadied at a 49-year low of 3.7% (as expected), and average ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... already complete." Those initiatives include the acquisition of ANZ's pensions and investments business, as agreed in October 2017. ANZ said it is seeking urgent information from IOOF and APRA while also assessing its various options. The IOOF board ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... The news could also potentially affect IOOF's acquisition of ANZ's OnePath pension and investments business. In October IOOF said it had finalised the "substantial economic completion" of the pensions and investments business. But in an announcement ...