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Showing 4741 - 4750 of 19586 results for "RIS"

WTW calls for more investment in China

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Willis Towers Watson (WTW) has called for greater investment in China despite rising tensions between Australia and China which has led to several trade disputes and ongoing vitriol between leaders. The two research papers from WTW said Chinese assets ...

IOOF ups costs for self-employed advisers

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Self-employed financial advisers working with IOOF will have to pay more for the same services under the new IOOF structure which will focus the business on three key pillars in the advice space. Speaking to investors today, IOOF chief advice officer ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
The prudential regulator has launched action against Westpac over material breaches of liquidity standards. The breaches, which were identified during 2019 and 2020, relate to the incorrect treatment of specific funding and loan products for the purposes ...

Magellan adds to board

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
Magellan Financial Group has welcomed a non-executive director with extensive experience in the retail industry to its board. Colette Garnsey has over 40 years' experience in retail, marketing and distribution and is currently the chair of Australian ...

Finance sector has largest pay gap

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
The financial services sector has taken the inauspicious title of being the industry with the largest gender pay gap. According to the Finance Sector Union (FSU), COVID-19 has had a disproportionate event effect on women, causing a "pink recession". ...

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
Craig Gore was sentenced to five years' imprisonment with a non-parole period of two years on six counts of fraud involving $345,000. Gore was initially arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The life insurance industry has continued to take a hit to profit, with risk products reporting significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture ...

Pension funds unite for ESG

JAMIE WILLIAMSON  |  FRIDAY, 27 NOV 2020
In an unprecedented move, eight of Canada's largest pension funds have come together to push for a standardised approach to ESG reporting to strengthen investment decision-making. Issuing a joint statement for the first time, the chief executives of ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
It wasn't that long ago when financial markets expended much speculation on the outcome of the Australian Bureau of Statistics' (ABS) "Private New Capital Expenditure and Expected Expenditure" quarterly survey, for not only does it provide an ...