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Showing 451 - 460 of 2426 results for "NEC"

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Stockspot's Fat Cat Funds Report has named and shamed the worst performing superannuation funds in Australia, all of which are retail offerings. OnePath was named the overall worst performer, followed by Colonial First State, AMP, and ClearView. ...

Chief executives anticipate recession: KPMG

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
The current economic climate is a top concern for global chief executives, but many are already prepared for a recession, according to the KPMG 2022 Chief Executive Outlook. The report said 86% of chief executives believe a recession will happen over ...

Retail the next frontier for private markets: Preqin

ANDREW MCKEAN  |  FRIDAY, 7 OCT 2022
According to the Preqin Future of Alternatives in 2027 report, fund managers are pivoting to retail investors as institutional fundraising slows. The report said that private capital fund managers have long tried to tap into the retail market, having ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
The blind rush to consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
APRA's thematic review on outsourcing arrangements in the superannuation industry found that trustees' efforts since the Royal Commission have resulted in stronger board oversight and monitoring of outsourcing arrangements and service providers. The ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
A review of the boundaries between advice and guidance will be carried out by the Financial Conduct Authority (FCA). Regulatory burden pricing consumers out of advice is being felt across the pond and in response, the UK regulator said it's taking ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
The choice to replace BUSSQ chair Paula Masters with a builder with years of hands-on industry experience makes sense. Chris Taylor hails from a very different background from the chairs of other super funds. It is an unusual appointment, alright. He ...

BNY Mellon appoints Australian executive

ANDREW MCKEAN  |  FRIDAY, 30 SEP 2022
BNY Mellon has appointed Geoff Hodge as Australian country executive, focused on adding value in the super and investment management sectors. Upon regulatory notification, his appointment is effective immediately after which both the Australian branch ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
Link Group has announced that the proposed acquisition by Dye & Durham has officially collapsed. Following necessary conditions not being satisfied, including the Woodford Matters condition and the UK Financial Conduct Authority condition, the Court ...