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Showing 21 - 30 of 100+ results for "Fed"

Accessing super cements inequality: Report

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
A new report has assessed the impact of COVID-19 on low-income earners in Australia, with findings illustrating harm caused by the early release of super program. The Brotherhood of St Lawrence Shocks and Safety Nets report found that financial wellbeing ...

Aware Super adds government relations head

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The $140 billion super fund has promoted a portfolio manager as head of government relations and policy. Andrea Forbes joined Aware Super in April 2020 as a portfolio manager in the asset management team. In her new role, Forbes will lead the government ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... question now is whether or not these are only transient inflationary pressures - as proclaimed by most central banks (led by the Fed and ex-BOJ) - or are early signs of things to come. The answer to this would determine future monetary and fiscal pol ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
ASIC is taking action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

Federation AM awards mandate

ANNABELLE DICKSON  |  THURSDAY, 20 MAY 2021
Federation Asset Management has selected an administrator for its Sustainable Australian Real Asset Trust (SARA). Apex Group will provide fund administration, share registry and regulatory services to Federation's SARA, which will invest in renewable ...

Weeding out net zero fakers

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The tripling in commitments to achieve net zero carbon emissions by both companies and investors cannot be believed blindly, according to experts. At the Conference of Major Superannuation Funds in Adelaide, Australian Council of Superannuation Investors ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
An Australian Institute of Superannuation Trustees policy expert has laid out just how much work super funds have ahead of them in dealing with the last two federal budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation ...