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Showing 391 - 400 of 1518 results for "MOT"

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
IOOF believes it has actioned all 145 items required to meet licence conditions imposed by APRA late last year, including those which it failed to meet the original deadline for. In an update to the market late yesterday, IOOF said the independent reviewer ...

Wealth projection boosts super fund engagement

KARREN VERGARA  |  MONDAY, 19 AUG 2019
Superannuation funds that provide projected estimates to members about their nest egg will likely receive more contributions and increased engagement, new research suggests. The ARC Centre of Excellence in Population Ageing Research (CEPAR) studied ...

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Zurich announced a new chief executive for its life and investments business as Tim Bailey exits for a new role. TAL Life chief operating officer Justin Delaney will join Zurich from December this year. Prior to that, Delaney held a series of senior ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
New data from the Australian Bureau of Statistics (ABS) shows 2.1 million Australians held multiple jobs in 2016-17, meaning they are likely to hold multiple superannuation accounts. The Financial Services Council (FSC) said the data should be strong ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...

Financial advice firm grows

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2019
An AZ NGA advice business has expanded, acquiring a financial planning practice in Sydney's greater west. Eureka Whittaker Macnaught has acquired Warren McHattan Financial Services in Parramatta, putting into motion a broader strategic plan called ...

NZ Super Fund invests in hotels

KANIKA SOOD  |  MONDAY, 15 JUL 2019
The $40 billion New Zealand Super Fund is investing $287 million in the country's hotels, starting with three properties in Auckland and Christchurch. The portfolio was established by Russell Group and Lockwood Property Group. It includes Four Points ...

Asset manager reshuffles board

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
An ASX-listed alternatives manager has shuffled its board lineup, with a new chair on the way. Keybridge Capital - which has been embroiled in a stoush with former funds management arm Aurora Funds Management over claims of owed funds - is in the process ...