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Showing 3601 - 3610 of 20552 results for "BEN"

Investment Leadership Awards finalists named

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
The shortlist for the Financial Standard Investment Leadership Awards 2021 has been finalised, recognising outstanding investment nous across major asset classes. Now in their fourth year, the annual Financial Standard Investment Leadership Awards are ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
Mutual life insurer PPS Mutual has launched a timesaving underwriting offer for existing members to add cover to their policy. Members who have a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Inflation was the "word" over the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well ...

BetaShares hires from Class

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
The former chief strategy officer at Class Limited has joined BetaShares as executive director of corporate development, taking over from Jason Gellert. Glenn Poynton will join the ETF provider in June, having spent over three years at Class where he ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
US Federal Reserve Bank of St. Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' ...

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Members of $100 billion government fund QSuper have been notified of a few changes ahead of its merger with Sunsuper. After QSuper and Sunsuper executed a Heads of Agreement, confirming their intention to merge and create a $200 billion super fund in ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...