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Showing 4251 - 4260 of 20552 results for "BEN"

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A West Australian financial adviser who has worked across some of Australia's largest licensees could face 15 years in jail after being charged with four counts of dishonest conduct in relation to hardship superannuation requests. Rahul Goel is ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

Tax concessions, infrastructure in focus for budget

ELIZA BAVIN  |  FRIDAY, 2 OCT 2020
The Prime Minister has given an indication of what will be revealed in next week's federal budget with a focus on tax cuts and increased infrastructure spending. Prime Minister Scott Morrison gave the insight during his National Press Club address ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
All good things must come to an end. For a moment in time, the world economy benefitted from increased globalisation underscored by both comparative advantage and just-in-time supply chain management, triggering product innovations, higher value-added ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
Like the Energizer bunny, the price of iron ore keeps on going and going and going... up. And this, despite the coronavirus pandemic still doing the rounds on Earth - ongoing first wave or second wave - with worldometer.com's latest stats showing ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
APRA will resume its intervention into the life insurance market to stem ongoing heavy losses in individual disability income insurance. APRA announced its intervention in December last year, highlighting flaws in individual disability income insurance ...

GMO launches global equities fund

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
The global manager has launched an Australian vehicle for its $13.5 billion flagship quality-focussed global equities strategy. The new trust will be open to local wholesale investors. It draws upon the GMO Quality Strategy, which has been running since ...

Industry fund adds to board

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A $12 billion Queensland industry fund has appointed a new director to its board, as an employee director leaves. LGIAsuper is adding Greg Hallam, who was the chief executive of the Local Government Association of Queensland for 26 years. His directorship ...

BABL named, shamed over Great Southern

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
Bendigo and Adelaide Bank Limited (BABL) has been singled out as breaching the Code of Banking Practice within its Great Southern Loans business unit. The Banking Code Compliance Committee (BCCC) said in its annual report that the BABL breaches occurred ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
The Bank of Queensland has failed to pay several workers their superannuation benefits, in a failure that could potentially blow out to $11 million in back payments. The bank has already accounted for $2.4 million of superannuation owed to employees ...