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Showing 1971 - 1980 of 10303 results for "STI"

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
Wholesale funds finished 2020 with funds under management (FUM) down just 0.1%, recovering almost all the losses experienced as a result of COVID-19, new research from Plan For Life shows. The research revealed wholesale funds grew 5.4% in the December ...

APRA to overhaul offshore reinsurance standards

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers. APRA is proposing an aggregate limit on exposures ...

AMP launches super podcast

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The wealth manager has launched a podcast aimed at breaking down technical superannuation topics to help more Australians understand the system. Simplifying Super will have six episodes that cover Australia's superannuation and retirement systems, tax ...

Time running out for claims licences

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
ASIC says it has only received 15 applications for insurance claims handling and settling licences, with some so sloppy they will have to be resubmitted. The regulator has issued a reminder that, as per recent reforms, insurance claims handling and ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

S&P rejigs index as BlackRock ETF grows

KANIKA SOOD  |  THURSDAY, 8 APR 2021
The swelling size of a BlackRock ETF that invests in clean energy stocks has forced S&P to expand the underlying index from 30 stocks to 100. But an Aussie ETF tracking the index doesn't want to change. Index giant S&P's Global Clean Energy Index launched ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
Appearing before the Senate Economics Legislation Committee this morning, Mercer implored the government to consider a delay to the implementation of the super fund stapling mechanism slated to come into effect from July 1. In opening, Mercer senior ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

Evans and Dixon takeover shelved

KANIKA SOOD  |  THURSDAY, 1 APR 2021
360 Capital has dropped its plan to acquire ASX-listed E&P Financial Group. TGP's offer to acquire 78.78% ordinary shares of E&P Financial Group closed at 7pm yesterday. In ASX filings this morning, 360 Capital said its board has decided to let ...

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
Investment scams robbed Australians $65 million last year and are tipped to lose up to $100 million in 2021. This is according to Finbold, which found that investment fraud was the number one scam that prey Australians. Dating and romance scams (23%) ...