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Showing 331 - 340 of 1584 results for "Light"

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... should be no excuse in not providing a strategy or product that leads to better outcomes for members in retirement phase, in light of how much notice they have been given. The Retirement Income Covenant suffered lengthy delays since it was floated in ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... corporates. For example, chief executive credibility was assessed to be at an all time low of -4%. The research also found that in light of the pandemic, people had higher expectations that chief executives and businesses should fill voids in need left ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... emergency powers to allow public companies to confidently provide earnings guidance, and other forward-looking statements in light of COVID-19 without being exposed to the threat of "opportunistic class actions" if the guidance or other statements are ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... Murphy's Law. The recent rise in 10-year US Treasury bond yields - up to a one-year high of 1.31% -- serves as a yellow light -- an amber alert -- to the equity markets. But so far, investors appear to be heeding the quote from the 1984 hit movie ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... development in his last role. Iress paid $115 million in equity value for OneVue last year, after revising its offer in light of opposition from major OVH shareholder Thorney. Iress reported $14.5 million in net profit after tax for the three months ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... of another recession, the "euro area economies are expected to contract in the first quarter of 2021". But there's a light at the end of this dark tunnel, "Economic growth is set to resume in the spring and gather momentum in the summer as vaccination ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... since the package of reforms was introduced in October 2020, concur that guidance and direction for part four was fairly light. Christian Gergis, the head of policy at the Australian Institute of Company Directors, said the proposal needs better elucidation ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... tantrum" - that sent bond yields up and equity markets down. The Feds' statements certainly make sense, particularly in light of the "new framework" it announced at the Jackson Hole symposium in August last year. The Fed is switching from a point ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
... from change in the industry with a strong pipeline for new business, but the impacts of the pandemic remain uncertain. In light of this, the platform forecasts FY2021 inflows to be between $8.5 billion and $9 billion.

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... business plan. "However, risk of MLC Life's stagnant business performance continuing beyond next year [2021] is of concern in light of the increased unemployment rate due to worsening economy impacted by COVID-19 and expected increase in claims payment ...