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Showing 11 - 20 of 74 results for "ACT for"

Charter Hall adds ESG head

ANNABELLE DICKSON  |  THURSDAY, 17 JUN 2021
Charter Hall Group has appointed a group head of ESG as it continues to build out its sustainability team and ESG offering. Andrew Cole joins from Lendlease Funds Management where he was general manager, sustainability for five years. Cole was responsible ...

UniSuper to open doors to public

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... annum over one year, 9.1% over three years, 9.2% over five years and 8.7% over 10 years. The development may be a final act for O'Sullivan who announced he is departing the fund later this year after eight years as chief executive.

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... agreement are confidential. In 2018, the Australian Federal Court ordered the bank pay $3.3 million for contravening the ASIC Act for its involvement in the scandal.

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Despite over $34 billion being removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes. Speaking at the digital Morningstar ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
Platforms are the preferred sector exposure, asset managers are inexpensive and Link Group offers the best mid-term value, according to Credit Suisse's Diversified Financial Services Sector review for August 2020. The report reviewed the key operational ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists. It comes as about 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... without "express written authority" to the entity that controls the account. ASIC also recommended changes to the SIS Act for superannuation trustees, following the recommendations from the Royal Commission that advice fees from super choice accounts ...

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
New research suggests contributions above the current rate of superannuation guarantee lead to Australians feeling more secure about their retirement. While the superannuation sector awaits the final report of the retirement income review, new Investment ...