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Showing 1821 - 1830 of 8328 results for "Retail"

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... legal, company secretary and line management roles. He was the first to hold the new role of head of Commonwealth Bank retail bank compliance, and was previously director Legal Australian Bankers' Association and head of credit for Telstra. "Delivering ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... that many of them "are too small and don't deliver enough value". "At a sector level, industry funds have outperformed retail funds on growth and efficiency. Seven out of the top 10 fastest-growing funds are industry funds, and the median operating cost ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... retirement goal, and to their particular financial situation," Hampshire said. This process would imitate industries such as retail and healthcare, which utilize technology to offer a more personalised service to members, she said. "Our global work in ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
... had a repeat performance with the COVID-19 generated market turmoil in the first quarter of 2020." Balanced options in retail and industry superannuation funds experienced drawdowns of 15% to 20% in the first quarter, Rachcoff said. "For many, the negative ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... industrial production increased by 3.9% in the year to April after dropping by 13.5% in February; the annual rate of decline in retail spending eased to 7.5% after contracting by a whopping 20.5% in February - and surveys - China's official manufacturing ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... through its MyNorth platform to be managed by Pendal's multi-asset team in partnership with the AMP research team. The new retail offering will have an ESG focus with investments adhering to a responsible and sustainable framework. AMP said the MyNorth ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... Australian economy. The ABS reports that after surging by 8.5% in the month of March - due to hoarding (of toilet papers) - retail sales (based on its preliminary estimate) dropped by 17.9% in the month of April. "Cafes, restaurants and takeaway food ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... financial year, we believed industry funds would overtake SMSFs as the biggest grouping, just as they had moved ahead of retail funds in the first three years of this study. "But given the particular challenges now facing the industry funds - in particular ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... significant efficiencies in vendor services," Westpac said in the release. Lindberg has nabbed a role as the chief executive of retail banking for Natwest/RBS in the UK. "I'm honoured to have the opportunity to serve with an incredible team at one ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... experienced before." Not all these positions will return once the pandemic is no longer of concern, he warned, especially in retail, travel and hospitality. Many small businesses as well will likely crumble over the coming months, and consumer saving ...