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Showing 2911 - 2920 of 9740 results for "Major"

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... slipped by 0.5% and 1.1% in August, respectively; economic conditions over the next 12 months fell by 5.9%; time to buy a major household item declined by 1.7%; unemployment expectations increased by 2.8% (respondents expect unemployment to rise). These ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... services institutions hauled before the public, with counsel assisting the Commission dragging misdeeds into public light. Major scalps have been claimed well before the Commission issues its draft report - due in September. The financial advice hearings ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... eight-year-old managed accounts provider started to expand its offerings of separately managed accounts and fixed income with two major appointments last year. Commenting on the custodian renewal announced today, Mason Stevens chief operating officer ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... $25,000 with subsequent investment minimum of $5000. The partnership with BNY Mellon is the $38 billion Pinnacle's third major move so far this year. In May, two former Macquaire stock pickers set up shop at Pinnacle with a new boutique firm, Firetrail ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
The majority of professionally managed funds in Australia are committed to responsible and ethical investments - a market that is close to approaching $1 trillion. Joint research from KPMG and Responsible Investment Association Australasia (RIAA) shows ...

Philanthropists should reimagine data management: Research

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... compiled by Perpetual and The Stanford Center on Philanthropy and Civil Society, which shows mismanagement of data is a major concern for the sector. Social media platforms, the survey said, are key tool for attracting donors. About 43% of not-for-profits ...

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... Flexible Super picked up net $100 million in the period while the others lost $267 million. Wilkins said AMP had not made any major corporate wins in the period. It has lost some small accounts. By contrast, AMP won $521 million in corporate super mandates ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... will drive their market offerings separately. Zurich's APAC chief executive Jack Howell, said the announcement was another major milestone on Zurich's journey to become Australia's leading retail life insurer. "Our acquisition of the OnePath Life business ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... the previous year, hindered by items such as the $700 million AUSTRAC penalty, the removal of ATM withdrawal fees and the major bank levy. CBA chief executive Matt Comyn acknowledged a challenging year and said the decision to demerge wealth management ...