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Showing 2611 - 2620 of 10705 results for "May 2012"

ASX director retires

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
A non-executive director has departed the ASX after more than 14 years of service, having joined the board in 2006 following its merger with the Sydney Futures Exchange. Announcing Peter Warne's retirement during the exchange's annual general ...

Australia world class in retirement wellbeing

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
For the fourth year in a row, Australia has ranked in the top 10 countries in the world for retirement outcomes but the impact of the pandemic will be felt for some time, new research from Natixis Investment Managers shows. Australia nabbed the seventh ...

Perpetual successor fund transfer to go ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
After months of delay due to COVID-19, Perpetual MySuper accounts will be transferred to CareSuper on or around 30 October 2020. "We wrote to Perpetual MySuper members in March 2020 to advise of the transfer to CareSuper scheduled for 1 May 2020. Due ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
Several pension funds are suing hedge funds managed by Allianz Global Investors for allegedly engaging in risk-taking behaviour and losing billions of dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...

Low rates put retirees at risk: Vanguard

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Retirees will need to be 100% allocated to equities and greatly elevate their portfolio risk to meet most income needs in the current low yield environment, according to Vanguard. Vanguard's latest research paper titled An enduring solution for ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... increase in new orders as export markets re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
The Morrison government has been labelled cruel for considering postponing the legislated rise to the superannuation guarantee by those speaking at the ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

AXA IM country head exits

KARREN VERGARA  |  MONDAY, 28 SEP 2020
AXA Investment Managers' country head for Australia and New Zealand is leaving after 16 years with the firm. Craig Hurt joined AXA IM's office in London in 2004 as a director of fixed income and liability-driven investments. Three years later, he was ...