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Showing 2741 - 2750 of 10553 results for "BEI"

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
Aware Super's investment in Bankstown Airport, in western Sydney, has proved resilient through COVID-19 - thanks in part to an investment in an air wing for NSW Police. Earlier this month, NSW Police opened its aviation support branch - also known as ...

Raiz appoints new chair

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Raiz Invest has announced the appointment of a new chair with a background in digital marketing focusing on growth companies. Kevin Moore is set to take the position of chair and non-executive director. He is a digital market specialist with a long ...

Deutsche Bank expands Australian operations

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
Deutsche Bank has launched a cash management business in Australia, adding 14 new staff including a head of cash product. In what the bank is describing as "a terrific boost for local employees", the new Australian business marks the 14 th in Asia Pacific ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
The Australian Institute of Superannuation Trustees has criticised the government's Your Super, Your Choice reforms, saying they fail to protect existing members in underperforming funds. Outlining its view of the reforms, AIST pointed out the need ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
AustralianSuper is pledging to achieve net-zero carbon emissions in its investment portfolios and ramping up its commitment to renewables. Following a board meeting in October, the super fund decided it was in members' best interest that it positions ...

Millions of workers facing financial stress: AMP

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
Severe and moderate levels of financial stress are impacting around 1.8 million Australian workers, according to AMP's latest Financial Wellness study. AMP said of those 1.8 million, nearly half have been feeling financially stressed for an average ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
NAB Asset Servicing has signed up to State-Street-owned Charles River Development for compliance monitoring, oversight and reporting. NAS will use Charles River Investment Management Solution (IMS) to help institutional clients monitor a broad range ...