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Showing 461 - 470 of 820 results for "Group of 20"

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

ASFA launches blueprint for post-retirement system

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
The Association of Superannuation Funds of Australia (ASFA) has attempted to break the deadlock on retirement income innovation with the launch of a paper that sets out a framework for building an effective post-retirement system. Entitled A New Framework ...

Insurance industry has trust issues

MARK SMITH  |  THURSDAY, 13 NOV 2014
Australian insurance companies rank second last for the level of trust their customers have in them, according to a new survey by EY. The global professional services company surveyed around 24,000 consumers from 30 countries. Australia recorded one ...

Lonsec acquires van Eyk's iRate business

LAURA MILLAN  |  THURSDAY, 6 NOV 2014
Lonsec Research has acquired iRate's technology and client base from the van Eyk group of companies, currently in liquidation. The acquisition confirms Lonsec's strategy to fast track their technology offering to the financial planning and fund manager ...

The Infrastructure Fund reaches into Europe

MARK SMITH  |  MONDAY, 3 NOV 2014
The Infrastructure Fund (TIF) has taken a 7.5% stake in UK rail freight leasing company Porterbrook Rail Finance. The move is part of the broader investment strategy for TIF, overseen by trustee The Private Capital Group Pty Ltd (TPCG), to create a ...

Bitcoin exchange goes live

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange. The exchange, which is based in Sydney, goes live today. Independent Reserve chief executive ...

Fraser and Hewson support ANU's right to divest

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
A group of investors and prominent Australians, including former prime minister Malcolm Fraser and former Liberal leader John Hewson, have signed a statement supporting the Australian National University's right to divest from companies. The statement ...

FPA appoints new CRC Chair, rolls out education standards

STAFF WRITER  |  WEDNESDAY, 15 OCT 2014
The Financial Planning Association of Australia (FPA) has appointed a new Chair of its Conduct Review Commission (CRC) and rolled out a proposed Education and Professional Standards Framework to the Parliamentary Joint Committee (PJC) Inquiry. The FPA ...

Australia's pension system second best in the world

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
Australia's pension system is the second best in the world, according to the Melbourne Mercer Global Pension Index. With a score of 79.9%, Australia outperformed the Netherlands, Switzerland, Finland and Sweden in the index, and was just behind Denmark ...

Don't ditch the RET, instos tell Abbott

JAMES FERNYHOUGH  |  TUESDAY, 30 SEP 2014
A group of Australia's biggest institutional investors has written an open letter to Prime Minister Tony Abbott calling on him to maintain the Renewable Energy Target (RET). The call came from the Investor Group on Climate Change (IGCC), a body which ...