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REST Industry Super names new chief executive

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... executive. Vicki Doyle replaces long-serving REST chief executive Damian Hill who steps down from the top job in January next year. Doyle was most recently responsible for AMP's retirement and investment products with $120 billion in funds under administration ...

Vision Super creates head technology role

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... members - want a seamless digital experience, and James will be the driving force behind taking our online services to the next level." Milne has more than 30 years' experience in the field of IT and is also heavily involved in the community, running ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
... also fits with the optimism over the outlook for capex. The OECD and those calling for a rate hike by the second half of next year might be correct after all. The improvement in capex indicates business optimism over their revenues and profitability ...

Life insurance M&A outlook gloomy: Report

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... elsewhere in the Asia Pacific. Willis Towers Watson's analysis of merger and acquisitions in the global insurance market over the next three years predicts activity in the Australian sector to be minimal. Only 5% of reinsurance, general and life insurance ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... somewhat over time, as most FOMC participants expect, additional gradual rate hikes would likely be appropriate over the next few years to sustain the economic expansion." The question is will the new Fed head continue along this path come February next ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... consumption, and inflation and wages will pick up gradually." This is how the OECD sees Australia's future (at least over the next two years) as written in its 'Australia - Economic forecast summary (November 2017)' report. The OECD's predictions include ...

Blockchain will boost company value: Research

EMMA RAPAPORT  |  TUESDAY, 28 NOV 2017
... removing the "massive complexities" around reconciling trades. Deputy chief executive Peter Hiom said replacing CHESS with the next generation of platform technology would not only reduce costs and risks for companies, but facilitate innovation in the ...

Global asset manager expands Australian offering

DARREN SNYDER  |  TUESDAY, 28 NOV 2017
... Speaking to Financial Standard, Grobler said the fund aims to address client concerns over the potential for rising rates in the next two to three years. He said it's a high-yield play but at the defensive end. "Bank loans are sub-investment grade but ...

ETF fees to plunge: Report

KARREN VERGARA  |  TUESDAY, 28 NOV 2017
... becomes more affordable, there is still room for competition in the booming sector, latest EY research reveals. Over the next three years, EY's ETF report shows the global market will reach US$7.6 trillion, and a substantial number (66%) of asset managers ...

As one door opens, another closes at FEW

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
... decision but FEW is my passion. FRG was great, as was helping people grow in their careers, but now FEW will take that to the next level; ensuring everyone is afforded a chance and helping everyone achieve their goals regardless of their gender," she ...