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Showing 1821 - 1830 of 4776 results for "July 11"

Kelly O'Dwyer to leave parliament

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
Former financial services minister Kelly O'Dwyer will retire before the next election. In an announcement on Saturday, Member for Higgins Kelly O'Dwyer said she would not recontest the next federal election, citing personal reasons. "After much agonising ...

Norwegian pension fund drops WHSP

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
Norges Bank decided its Government Pension Fund Global should drop Washington H. Soul Pattinson from its investment universe. Norges Bank's Government Pension fund Global has axed Washington H. Soul Pattinson from its investment universe based on recommendations ...

AFIC director retires

DARREN SNYDER  |  FRIDAY, 18 JAN 2019
A director at the Australian Foundation Investment Company (AFIC) is retiring today after a five-year stint on the board. Retiring from the AFIC board is Jacqueline Hey, a member of the company's investment committee and nomination committee. She has ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The sale of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF. Providing a further update on the sale, ANZ said it has agreed an amendment with ...

ClearView director dismissed of charges

KANIKA SOOD  |  MONDAY, 14 JAN 2019
Criminal charges laid against ClearView Wealth non-executive director David Brown by Papua New Guinea police in August were dismissed in court on Friday. Brown is the chief investment officer for PNG's National Superannuation Fund (NASFUND). On 30 July  ...

MGP shuffles leadership team

KARREN VERGARA  |  MONDAY, 14 JAN 2019
Managed Accounts Holdings (MGP) has made several changes to its leadership team, which includes two promotions. Pamella Wilson was promoted to group chief operating officer, following roles as a senior business analyst and acting head of IT positions. ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
"As safe as houses" is generally an expression which means with no risk of failure. The US sub-prime crisis (circa 2008-2009) showed us this is no longer the case. The continued drop in Australian property prices provides a warning sign that it could ...

VanEck drops fees on ETF

KANIKA SOOD  |  FRIDAY, 11 JAN 2019
Australia's first China A-shares ETF has knocked 12bps off its annual management fees, after a decision taken by the board in the United States. The VanEck Vectors ChinaAMC CSI 300 ETF (ASX: CETF) will now charge 0.60% instead of the 0.72%. The ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
The government should abandon the Retirement Income Covenant proposed last year, if it can't sufficiently remediate its flaws by the deadline, the Productivity Commission says in the final report. Treasury has already extended the deadline on Comprehensive ...