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Showing 3161 - 3170 of 10361 results for "Close"

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
A retiree body that was set up before the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But ...

New owner at Strategic Insight

KANIKA SOOD  |  MONDAY, 14 JAN 2019
New York-based research house Strategic Insight has been acquired in a deal expected to close soon. The buyer is Institutional Shareholder Services (ISS), a company speciaising in responsible investment and governance solutions. The transaction's value ...

Equip wins $190m superannuation mandate

KARREN VERGARA  |  MONDAY, 14 JAN 2019
Equipsuper has won a $190 million corporate superannuation mandate that will welcome some Qantas Super fund members. Global air services provider dnata will move 1100 employees, some of which are under a defined benefit scheme, to Equipsuper. It follows ...

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
The Productivity Commission's proposed minimum balance for self-managed superannuation funds (SMSFs) is "way off", according to SuperConcepts. Despite it being half the balance the commission recommended in its interim report, SuperConcepts believes ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... present levels "for as long as necessary to ensure the continued sustained convergence of inflation to levels below, but close to, 2% over the medium term" and that, it would "continue to reinvest, in full, the principal payments from maturing securities ...

Superannuation a mystery to students: survey

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
A new survey has revealed a "startling knowledge gap" in super, with close to half of Australian students knowing little to nothing about superannuation. Student Super's survey also found that 42% percent of the polled students were unsure about ...

Macquarie names digital infra head

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
Macquarie Capital appointed a managing director to head up its investments in the growing digital infrastructure sector. Oliver Bradley has been appointed as the managing director of digital infrastructure investing at Macquarie Capital, the corporate ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
ASIC and APRA both scored scathing assessments in the Productivity Commission's superannuation report. The regulators sharing responsibility for the oversight of Australia's finance system copped a grilling in the Commission's final report ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... about as anticipated"....and that, the "increase in the target range at this meeting, the federal funds rate would be at or close to the lower end of the range of estimates of the longer-run neutral interest rate". All well and good but where to now ...

UK loses £800bn in assets amid Brexit fears

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
The financial services sector has moved about £800 billion ($1.4 trillion) of assets out of the UK to Europe since the Brexit referendum took place more than two years ago. This is according to EY's Brexit Tracker, which flagged the figure as fairly ...