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Showing 3231 - 3240 of 19586 results for "RIS"

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
The blind rush to consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
The fund is increasing death and total and permanent disability insurance premiums following an increase in claims in recent years. Premiums for death and TPD will increase for most members from November 9. A 30-year-old member with a sum life/terminal ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ...

MLC launches first retail private equity fund

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
In a bid to provide retail investors with concentrated exposure to global private equity investments, the asset manager has launched its first retail private equity fund, the MLC Global Private Equity Fund. Previously only available to institutional ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
Equipsuper has made three senior hires after revisiting its investment strategies and team structure. Jessie Pettigrew joined Equip as head of responsible investments; she has more than 10 years of experience in sustainability and responsible investment. ...

Mirova names deputy chief executive

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
The Natixis IM-affiliated asset management company has appointed Guillaume Abel as its deputy chief executive to accelerate growth. In his new role, Paris-based Abel will oversee the global functions of development, sustainability research, finance ...

Wheelhouse Partners adds head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2022
The former head of retail at Investors Mutual has taken up the newly created role. Wayne McGauley joined the Wheelhouse Partners team this month, responsible for growing its global and Australian equities capabilities. McGauley is to focus on key accounts ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
A review of the boundaries between advice and guidance will be carried out by the Financial Conduct Authority (FCA). Regulatory burden pricing consumers out of advice is being felt across the pond and in response, the UK regulator said it's taking ...