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Showing 2901 - 2910 of 8591 results for "SIM"

VFMC chief risk officer to depart

JAMIE WILLIAMSON  |  FRIDAY, 10 JAN 2020
VFMC has confirmed its chief risk officer is set to exit later this month, appointing a former Vanguard executive to the role on an interim basis. In a statement to Financial Standard, VFMC chief executive Lisa Gray has confirmed Bryony Hayes will depart ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
The faith-based superannuation fund for Muslims has announced an increase to its administration fee. Crescent Wealth Superannuation Fund upped its administration fee from 0.69% per annum to 0.89% per annum. The changes come after the promoter of the ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
"MPs voted to give third reading to the Withdrawal Agreement Bill (WAB) by 330 to 231 - a majority of 99 - which allows the bill to sail through to the House of Lords where peers will begin line by line scrutiny next week." This the latest news from ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
The peak body for the self-managed super sector is calling for the end of limited licensing for professionals dealing with SMSFs. Outlining its 2020/21 Federal Budget submission today, the SMSF Association said limited licensing should be phased out ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The global economy is toeing a fine line between economic growth and recession, with a number of threats poised to disrupt the already tepid global rally. That's according to the latest report from the World Bank on the global economic outlook for 2020 ...

LGIAsuper offloads European assets

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The European real estate manager for LGIAsuper has sold-off two of its property assets in Paris and Copenhagen, raking in a nice $36.5 million for the Queensland-based super fund. Europa Capital sold its Semaphore investment, an office building west ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
Francesco De Ferrari's long touted shake-up of AMP's wealth management business is starting to take shape, with the firm just months away from culling a superannuation trustee and five super funds. Responding to a question on notice from its November ...

Ellerston hires from Colonial First State

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
The Sydney boutique has hired from Colonial First State to appoint its lead for key accounts and research relationships. Lisa Rose joined Ellerston Capital as its head of key accounts and research relationships in December. In her most recent role ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Fears of escalating tensions between the US and Iran have sent gold skyrocketing to an almost seven-year high, with investors turning to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US ...