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Showing 481 - 490 of 1374 results for "SCOT"

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
Aside for bragging rights, I can't understand why the current Australian government remains hell-bent on achieving that promised "Budget surplus". The current sitting Treasurer Josh Frydenberg looks set to deliver on the "promise" that has eluded ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...

Super JV names chief investment officer

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
The $26 billion Equipsuper and Catholic Super joint venture has named its inaugural chief investment officer in preparation for an official merger. Anna Shelley has been appointed to the role, following last week's announcement that Scott Cameron will ...

Industry funds name new chief

KARREN VERGARA  |  MONDAY, 12 AUG 2019
Equipsuper and Catholic Super have appointed a new chief executive, after recently announcing they were joining forces to create a $26 billion joint venture. Scott Cameron, a senior executive with Computershare, has been appointed to lead Equipsuper ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
With every review adding more to its plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
Australians overwhelmingly support an increase to the superannuation guarantee, according to latest polling. Latest research from the peak body for industry superannuation funds, Industry Super Australia, shows Australians broadly disagree with the ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

New chief at CBA Group Super

ELIZABETH MCARTHUR  |  FRIDAY, 19 JUL 2019
Commonwealth Bank Group Super announced the appointment of its new chief executive. Scott Durbin will step into the chief executive role on August 6. A spokesperson from CBA told Financial Standard the appointment follows an extensive search externally ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
NAB named a former Commonwealth Bank executive as its new group chief executive and managing director. Ross McEwan will take over the top job no later than April 2020, the group announced today. McEwan has been chief executive of Royal Bank of Scotland ...