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Showing 241 - 250 of 1079 results for "TAC"

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
Employees of Active Super will now receive superannuation guarantee payments for up to 12 months while on parental leave, with the super fund also extending its paid entitlements. In an effort to help bridge the gender super gap, the industry fund will ...

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Company directors are understandably spooked by the threat of cyber attacks, extortion and ransomware, a survey has found. The new survey from Willis Towers Watson and Clyde & Co identified the key risks for directors and officers of companies. Cyber-attacks ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
While Australia's unemployment rate has fallen to its lowest level since the pandemic began, there are still millions who remain unemployed or under-employed. Unemployment and under-employment are rife, with the latest Roy Morgan findings showing that ...

YFYS changed how funds invest: JPMAM

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
A new report from J.P. Morgan Asset Management, based on interviews with super fund chief investment officers, has revealed the far-reaching impact of Your Future, Your Super reforms on super fund investment strategies. Most notably, the reforms seem ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
In his reply to the 2022 Federal Budget, opposition leader Anthony Albanese has promised cheaper childcare and an investment in renewable energy. Like Treasurer Josh Frydenberg, Albanese focused much of his Budget reply speech on the cost of living. ...

Janus Henderson launches net zero ETF

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 MAR 2022
Janus Henderson has launched the Janus Henderson Net Zero Transition Resources Active ETF (Managed Fund) (ASX: JZRO) in Australia. It's the third active ETF the manager has launched in Australia and invests in a global equity portfolio of resources ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
Following speculation, Brookfield Asset Management has announced an agreement to acquire La Trobe Financial for $1.5 billion. The valuation includes a contingent payment tied to the business achieving certain performance milestones. La Trobe Financial ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Lawyer Michelle Levy's appointment in overseeing the Quality of Advice Review has received a mixed reception from the financial advice industry. The Association of Independently Owned Financial Professionals executive director Peter Johnston called ...

Schroders launches new fund, wins mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 9 MAR 2022
Schroders has launched a new fund managed directly to the Your Future, Your Super alternatives benchmark, responding to demand from a government super fund now invested in the strategy. The Schroder Global Active Allocation Fund for institutional investors ...