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Showing 5111 - 5120 of 19420 results for "One"

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... finance professor and Super Consumer Australia director has proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. It comes as the industry ...

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Outgoing Mercer Australia chief executive Ben Walsh is set to join the executive leadership of one of the nation's largest life insurers. AIA Australia have appointed Walsh as chief life insurance officer, a newly created role that will see the long-time ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... in some cases, did not consider their existing products when providing personal advice," the regulator said. ASIC said for one client, Hilsley recommended replacing superannuation and insurance products without taking the client's pre-existing medical ...

Investment specialist joins sustainable fund manager

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... quality for the firm's Australian investment team, and led the company's Asia Pacific investment talent group. O'Dea spent over one year as a trustee director for the Towers Watson (Australian Staff) Superannuation Fund, which included both defined benefit ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... central banks cannot bribe the virus to go away. China's total lockdown of Wuhan is a positive test case. Italy's one presents a truism for Murphy's Law that all other nations can learn from. The latest update shows that there are now 1887 ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... its anticipated consultation paper on managed discretionary accounts. The corporate regulator said the consultation was just one of several near-term, non-time sensitive activities it had temporarily halted to ensure it was focused on the difficulties ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... when for the 10-year Aussie government bonds, bid/ask spread was 1% which was equivalent to its yield. So you are giving up one year's coupon just to get [in/out] out." Other funds who have increased their buy/sell spreads recently include Vanguard's ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
... trading, having offloaded millions in stocks following private briefings on the likely impact of COVID-19 in late January. She is one of several senators who reportedly did the same. According to reports from The Daily Beast, Senator Kelly Loeffler sold ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... interaction -- to try and get ahead of the debilitating consequence of the increasing number of infections from the coronavirus. One country after another is closing its borders, limiting, if not entirely preventing, person to person contact. Guess online ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... just $2.5 million. The previous financial year saw contributions of around $24 million. Perpetual MySuper ranked 21st for one-year returns to June 2019, however it sits in 52nd place over five years. For comparison, CareSuper is ranked 11th over five ...