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Showing 411 - 420 of 2346 results for "Advance"

Systemic disadvantages create retirement insecurity: HESTA

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... Nations members and as an investor seeking to maximise members' long-term financial outcomes, it holds an obligation to advance the ambitions of reconciliation in Australia. "Our superannuation system was intended to benefit all Australians; however ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

S&P launches agribusiness Index

CHLOE WALKER  |  TUESDAY, 31 MAY 2022
Launched in partnership with the ASX, the S&P/ASX Agribusiness Index (ASX: XAG) includes household names such as Treasury Wine Estates, A2 Milk, Nufarm, Elders and Bega Cheese. Much like the above listed, the index comprises companies whose principal ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... corporate watchdog today alleged that between May 2016 and November 2016 around 165,750 ANZ customers were charged cash advance fees and interest for withdrawing or transferring money from their credit card accounts based on an incorrect account balance ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
... of the transaction and separation costs, expected to total about $80 million. However, Westpac has also agreed to sell Advance Asset Management to Mercer, which will result in a gain. Advance currently has about $44 billion in funds under management ...

intelliflo announces first head of sales in Australia

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
intellifo has hired Stuart Alsop to support the company's growth in the Australian market. In the newly created role, Alsop will be responsible for business development and building a sales team in Australia. Alsop joins intelliflo from FE fundinfo ...

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Westpac has begun work on a new transactional platform for institutional clients, using UK technology provider 10x Banking to provide the core technology. The two companies have signed a letter of understanding that's built on an existing three-year ...

CEW push for more women leaders

MICHELLE BALTAZAR  |  FRIDAY, 13 MAY 2022
In one of the largest industry events since the pandemic began, more than 1300 guests, including financial services heavyweights, gathered at the International Convention Centre in Sydney this week for the annual Chief Executive Women (CEW) fundraiser. ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... member trustees that would constitute a financial crisis are such that a soundly and prudently run trustee would have ample advance warning of an impending trigger event," AIST said.

Investors Mutual retail head departs

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
... spokesperson for the firm confirmed a replacement is yet to be appointed. Prior to joining IML, McGauley was a state manager at Advance Asset Management and held business development roles with Deutsche Bank and JBWere. Commenting on LinkedIn, McGauley ...