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Showing 2881 - 2890 of 19576 results for "Ban"

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
The managing director and chief executive of Challenger will step down in March 2022, while a deputy chief executive has also been named. Richard Howes has been with the company for 18 years, starting as the chief executive of Challenger's life ...

BNP Paribas wins China custody agreement

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BNP Paribas will now be able to support institutional investors from Australia and elsewhere investing in China's equities and bonds markets, under a new custody agreement. BNP Paribas today announced it has been granted a licence to provide custody ...

QSuper head moves to AMP

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
QSuper's former head of product and services joined AMP Australia as general manager retirement solutions. Ben Hillier will lead the development of financial solutions across the AMP Australia business to help more Australians manage their wealth in ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Westpac has agreed to offload its life insurance business to TAL Dai-ichi Life Australia for about $900 million. Westpac is due to make a $1.3 billion post-tax loss from the sale. The cash consideration of $900 million includes ongoing payments to Westpac ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...

ANZ adds former CFSGAM exec to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
The bank has added a former Colonial First State Global Asset Management co-head of unlisted infrastructure investments to its board. Christine O'Reilly will join the ANZ board on November 1 as a non-executive director, subject to shareholder approval ...

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
Westpac tops the charts for fee-for-no-service misconduct at $578.4 million, according to the corporate regulator. More than 71,400 Westpac customers have been affected by its failings to provide ongoing financial advice services that was promised. ...

Colonial First State adds to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
Colonial First State Investments Limited and Avanteos Investments Limited have added a former Mercer head of superannuation services to their trustee boards. Jo-Anne Bloch is joining the boards as a non-executive, independent director. She is currently ...