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Showing 381 - 390 of 2417 results for "ESP"

Hopes for action at "implementation" COP27

RACHEL ALEMBAKIS  |  MONDAY, 14 NOV 2022
The COP27 in Sharm El-Sheikh has been labelled an implementation COP, where governments, investors and other actors are called upon to demonstrate how they're going to implement what was promised a year ago in Glasgow at COP26. However, others have ...

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
Roy Morgan's Superannuation Satisfaction report shows an overall decline in super fund satisfaction, but several funds have bucked the trend. The report said that overall, funds scored a satisfaction rating of 67.9% in September 2022, a decrease ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
Retirement is overwhelmingly concerning Australians, with a nationally representative Finder survey showing over 12 million people harbour longevity risk worries. The survey said 28% of respondents don't think they'll have enough super to stop ...

Rest extends custody mandate with State Street

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
Following a review, State Street will continue to provide custodial services for the next three years. The mandate includes back office and custody services, accounting, unit pricing, performance, and analytics. As well as, tax and regulatory reporting ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
The prudential regulator has placed additional conditions on Insignia Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment ...

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The Financial Planning Association of Australia's (FPA) membership has fallen to 10,954 members from 11,811 last year, and the association has recorded a before-tax deficit of $1.2 million for the year ended June 30. FPA member numbers decreased ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until ...

Vicinity Centres head announces retirement

CHLOE WALKER  |  MONDAY, 31 OCT 2022
Grant Kelley has announced his departure from Vicinity Centres after more than five years as its managing director and chief executive. Kelley is set to retire from Vicinity by 30 June 2023, to facilitate a smooth and coordinated transition to his successor ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...