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Showing 1881 - 1890 of 6248 results for "December 2002"

Life insurers post strong March quarter

KANIKA SOOD  |  FRIDAY, 31 MAY 2019
Latest APRA life insurance stats show the life insurance industry turned a $536 million net profit after tax in the first three months of 2019 after a loss-making December quarter, but full-year results are still bleak. The industry reported a net profit ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
"It is a riddle, wrapped in a mystery, inside an enigma..." Sir Winston Leonard Churchill may be describing Russia's intentions and interests when he made this now famous quote back in 1939 (before he became UK Prime Minister 1940-1945) but Churchill's ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Former Vanguard broking and wealth expert joins Bell Direct

KARREN VERGARA  |  MONDAY, 27 MAY 2019
A former iShares and Vanguard broking and private client adviser expert has joined Bell Direct as head of sales and marketing. Tim Sparks was appointed in the newly-created position, responsible for leading the sales and marketing function across Bell ...

Former OneVue exec joins listed fund manager

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
The former head of distribution for platform services at OneVue has joined an ASX-listed investment manager. Stephen Karrasch has been appointed as head of distribution at Clime Investment Management. Karrasch served as OneVue's head of distribution ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
ASIC has banned a financial adviser who stole clients' superannuation savings. Daniel McSweeny was banned from managing companies for five years after ASIC determined he disregarded his duties as a director. Last year he was charged with 20 dishonesty ...

Sunsuper, corporate super fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2019
Sunsuper has completed another merger, integrating a 74-year-old corporate superannuation fund. CBH Super, the Perth-based corporate super fund of the CBH Group, was merged into Sunsuper on April 29. It marks Sunsuper's fourth merger in the last ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure (DMI). ...