Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5231 - 5240 of 20553 results for "BEN"

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
The financial services industry and wider community has just over two months to make submissions to the government's retirement income review. The retirement income review's consultation period officially opened late on Friday afternoon, providing industry ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
The US-China trade deal/no trade deal seesaw continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing ...

Global group adds to local leadership

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
The former director of sales at DWS has joined an international group to lead the introduction of its investment capabilities to the Australian and New Zealand markets. Munich Re has confirmed to Financial Standard it is bringing its savings and investments ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
A Sydney small caps boutique has appointed a new co-portfolio manager, as its founder and chief investment officer announces his retirement plans. Frank Villante will retire from Celeste Funds Management in November 2021. As a result, Celeste is promoting ...

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
QSuper has confirmed its proposed partnership with Sunsuper may not result in a traditional merger. Appearing before the House of Representatives Standing Committee on Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Taking a proactive approach to helping those suffering from mental illness could save insurers up to $750 million per year, according to SuperFriend. Speaking to Financial Standard, Superfriend chief executive Margo Lydon said that of the $180 billion ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Facing a grilling at the House of Representatives Standing Committee on Economics today, IOOF chief executive Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
Cbus and UniSuper have invested in a new $315 million bond issue, which the government will use to finance affordable housing in five states. Cbus took up $30 million of the National Finance and Investment Corporation (NHFIC)'s second bond issue of ...