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Showing 3381 - 3390 of 10553 results for "BEI"

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

Super fund director departs

JAMIE WILLIAMSON  |  MONDAY, 17 FEB 2020
A corporate superannuation fund is looking to fill a vacancy on its board of directors following a recent departure. Qantas Super is on the hunt for a new board director to represent Group E, after Hendrik van Calcar stepped down in December. Group ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
With a covid here, and a covid there, everywhere a covid, even old MacDonald (who had a farm) will get sick reading, hearing and listening to stories and warnings over escalating infection numbers... E-I-E-I-O. COVID-19 has captured the world's ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The economic impact of the coronavirus has been grossly underestimated, with jolts likely to be felt well into the second quarter. That's according to Capital Group economist Stephen Green, in a speech televised to attendees at the recent Financial ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
ASIC has cracked down on a number of auditors of self-managed super funds, which the regulator said have failed to meet their requirements. "ASIC has moved to disqualify, or suspend and/or add conditions to the registration of, a number of auditors ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
Despite a $2.5 billion shortfall and losing 444 advisers, AMP's board has approved an 80% increase to chief executive Francesco De Ferrari's remuneration. It has also announced the resignation of its chief risk officer. The country's largest wealth ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
ASIC said that common problems have been persistent in its review of superannuation trustees' PYSP communication with members, with some trustees failing to present facts and instead focusing on member and insurance retention. The regulator launched ...

Former licensee boss banned

JAMIE WILLIAMSON  |  TUESDAY, 11 FEB 2020
ASIC has said the former chief executive of Spectrum Wealth Advisers had a poor understanding of his obligations and failed to ensure advisers complied with the law, banning him over his involvement in the licensee's numerous failures. Mark Schroeder ...