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Showing 4011 - 4020 of 28255 results for "NOT"

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
While Australia's life insurance industry grew steadily in the last year to $17.9 billion, its profits copped a beating from rising interest rates. Plan For Life's latest research shows that inflows rose by 3.4% in the year to September 2022. TAL continues ...

Active fund managers historically underperform: SPIVA

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... reported category. New Morningstar research notes also suggest that numerous listed active fund managers continue to struggle not only over an extended period but in the current tumultuous environment. Platinum's earnings, for example, are exposed to ...

Australian Ethical adds to leadership team

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... The appointments of Ludo, John and Alison reinforce this position, and further enhance our leadership in ethical investing not only in Australia, but globally," managing director John McMurdo said. The announcement follows Australian Ethical's decision ...

CareSuper changes TPD definition, extends cover

ANDREW MCKEAN  |  TUESDAY, 14 MAR 2023
... evaluated as "unlikely to ever engage in any occupation" to qualify for TPD. For insured members 65 years old and older, or not employed or self-employed within 16 months before the disablement date, they fall under Definition B. This definition requires ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... they need them." He added, if banks are taken over by FDIC its management will be fired and said investors in the banks will not be protected. "They knowingly took a risk and when the risk didn't pay off, investors lose their money. That's how capitalism ...

Women take the lead in private wealth: KPMG

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... leadership team are more economically prosperous as well. "Where there's conscious gender equality and diversity, organisations not only thrive better but they're more 'future fit'."

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... US$25 billion from the Exchange Stabilisation Fund as a backstop for the BTFP, the Federal Reserve said, though noted it does not expect it will be necessary to draw on the funds. "These actions will reduce stress across the financial system, support ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... advisers, AFSLs and investors to use, Morningstar said, noting that the methodology of assessing People, Process and Parent will not change.

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... ANZ contravened consumer credit protection laws relating to 50 home loan applications stemming from third parties who were not licensed to engage in credit activity. Further, between November 2015 to March 2018, ANZ was found not to have adequate processes ...