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Showing 1851 - 1860 of 3264 results for "DECADE"

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
Grattan Institute chief executive John Daley announced his retirement from the think-tank after a decade in the role. Daley will be stepping down from his position when his contract finishes in July 2020. Chair of Grattan Institute Alex Chernov said ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that in 2017-2018 the average household wealth was $1.02 million. In 2005-2006 ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The demand for self-managed superannuation fund advice has stagnated over the last decade, while overall satisfaction with financial planners has declined to a seven-year low. This is according to Vanguard and Investment Trends' March 2019 SMSF Report ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
UBS has appointed new co-country heads for Australasia, as Matthew Grounds announces his plans to retire from the firm. Grounds will retire at the end of the year after 11 years as UBS Australasia's country head and chief executive. "Matthew has been ...

Deutsche Bank slashes global workforce, exits global equities

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... Paul Achleitner, chair of the supervisory board, said: "Deutsche Bank has been through a difficult period over the past decade, but with this new strategy in place we now have every reason to look forward with confidence and optimism." The restructure ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... output." The BOE chief's statement is supported by the IHS Markit/CIPS UK Construction Total Activity Index dropping to a decade-low reading of 43.1 in June from 48.6 in the previous month. According to Markit: "Worrying signals from the survey's ...

Industry fund secures stake in asset manager

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... private investors. "Christian Super and responsAbility have both been pioneers in the impact investing space for over a decade. We share a strong values alignment and a focus on the SDGs as a framework for investing capital for financial return and meaningful ...

IOOF divests Ord Minnett stake

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... quality business and has been successfully led by its board and management, under IOOF and J.P. Morgan ownership, for over a decade." The sale is due to finalise on September 24.

Australian Ethical chief executive to depart

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... contribution to Australian Ethical," he said. "He has led the organisation through unparalleled growth and success over the past decade." During Vernon's tenure Australian Ethical increased funds under management from about $600 million to $3.13 ...