Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 4234 results for "Job"

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... Currently, South Africa's retirement regime allows employees to make a full withdrawal from their pensions when they leave a job. This leads to the lack of preservation pre-retirement and often left many with insufficient to zero savings when they ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... this year. "Our interpretation is that, if the August jobs report (to be released on September 6) shows a rise in monthly job gains to above 150k and the unemployment rate retreats slightly from 4.3%, the Fed will only cut rates by 25bps. On the other ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
The Australian Securities and Investments Commission (ASIC) has unveiled its corporate plan for the next 12 months, with the superannuation industry in the firing line. ASIC said its review of the superannuation industry has been a multi-year project ...

Zenith increases defensive investment as recession risk looms

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
Zenith Investment Partners head of asset allocation Damien Hennessy said the looming risk of a recession in the United States has spurred some investment changes. Hennessey said the weaker-than-expected July jobs report in the US raised concerns of ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... Perpetual has named its new chief executive and managing director as Rob Adams steps down. Bernard Reilly assumes the top job, having exited Australian Retirement Trust (ART) as chief executive in February 2024. He spent two years at ART where he oversaw ...

UniSuper enterprise risk lead departs

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
UniSuper's head of enterprise risk has lost his job, following a restructuring of the risk function. Dennis Gentilin is a risk and governance professional with over 20 years experience in the banking, finance, consulting and superannuation industries. ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... expects funds to be "customer-centric" and reminded funds that delivering strong returns and balances is only part of the job. "Two years on from the implementation of the Retirement Income Covenant, we are still having the same conversations. Equally ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

BlackRock names Asia Pacific operations chief

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... Raby, who is replacing Una Neary as she retires from the role of compliance chief. Raby will relocate to New York for the new job. Meanwhile, reporting to BlackRock's head of Asia Pacific Susan Chan, Ueda will relocate to Hong Kong from Tokyo. Chan ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
The Guardians of New Zealand Superannuation appointed Michael Mitchell to the role of chief risk officer. Mitchell, who was previously the head of risk, has been acting chief risk officer since Mark Fennell retired earlier this year. The organisation ...