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Showing 2561 - 2570 of 6884 results for "Act2"

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
If it walks like a duck and quacks like a duck, is it a duck? It is not, according to the US Federal Reserve. On October 11, the Fed issued a press release explaining its plan to buy Treasury bills at "an initial pace of approximately $60 billion per ...

New executive role at Colonial First State

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
Colonial First State has created a new C-suite role, and has confirmed an interim replacement for Peter Chun who joined an industry fund earlier this week. Todd Stevenson has been appointed CFS's chief member outcomes officer, after nine years with ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

First State Super enters global equities partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
The $100 billion superannuation fund has awarded a $500 million multi-factor mandate to a global manager that will also provide the fund with research and development support. HSBC Global Asset Management has been awarded the mandate and will also provide ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
QMV is kicking off a new legal business aimed at future needs of superannuation trustees and has picked a former UniSuper lead as its managing partner. The consultancy firm currently works with about 25 superannuation clients. Recent work has been focused ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
The underlying causes of total and permanent disability claims have been revealed in new research, and mental health tops the list. Life insurers pay out more on TPD claims caused by mental health conditions than any other kind of condition, according ...

Fidante signs US alternatives manager

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
An American fund manager has teamed up with Challenger's Fidante Partners to market its funds down under, as it sees Australian demand for alternative strategies rise. Los Angeles's Ares Management Corporation manages over US $142 billion across three ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
CommInsure has been charged with 87 counts of making unsolicited telephone calls to sell life insurance, and faces up to $1.8 million in penalties. ASIC is alleging the Commonwealth Bank subsidiary unlawfully sold life insurance policies over the phone ...

APRA announces new executive roles, organisational structure

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
APRA said the changes are designed to "better align" its organisational structure with the strategic objectives previously set out in its Corporate Plan for 2019 to 2023. The regulator said it will move to an industry-based supervision model, with separate ...

Frontier veteran to depart

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
The $380 billion asset consultant is bidding farewell to Fiona Trafford-Walker after nearly 25 years with the business. Trafford-Walker was appointed as Frontier's managing director in 2000 when it separated from Industry Fund Services and stayed ...