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Showing 5191 - 5200 of 20553 results for "BEN"

Industry fund overhauls MySuper options

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2019
A $2 billion superannuation fund is making a number of changes to its MySuper investment options. It is also substantially dropping investment fees and costs while increasing those charged for admin from March 2020. GuildSuper has informed members it ...

HUB24 upgrades distribution capabilities

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
The platform provider expanded its distribution team, hiring several business development managers and appointing a national team of training and relationship managers to support financial advisers. Former CommSec Adviser Services state manager Lydia ...

Mercer hires from industry fund

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... regulatory environment particularly for superannuation funds, it is more important than ever," Mercer Pacific's chief executive Ben Walsh said. "Sound governance, a proactive approach to risk management and strong relationships with our regulators ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
Australia's economic growth accelerated to 1.7% in the year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...

FASEA under pressure on managed accounts

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
The Financial Adviser Standards and Ethics Authority is under pressure to clarify its stance on all forms of managed accounts. FASEA chief executive Stephen Glenfield confirmed he has met with the Institute of Managed Account Professionals and is considering ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
A $57 billion industry superannuation fund has revealed details of its new group insurance offering, having transitioned to a new provider as of this month. As of December 1, the group insurance available to Rest members is provided by TAL after the ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
There is a strange tug-o-war occurring in Asia at the moment. On the one hand every man and his dog is trying to tap into the wonders of China as an emerging market, and on the other there is mayhem as one of the nation's major financial hubs suffers ...