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| | | AMP has launched MyNorth Lifetime, a new suite of solutions available through the North platform that combines an account-based pension with the lifetime cashflow features of annuities. The MyNorth Lifetime Income account is a flexible pension account ... |
| | | | The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ... |
| | | | Financial stability risks have increased as global financial conditions continue to tighten, according to the Reserve Bank of Australia's Financial Stability Review. The RBA cited a further tightening of financial conditions, an increase of debt-servicing ... |
| | | | ... Gina Cass-Gottlieb, APRA chair Wayne Byres, and ASIC chair Joe Longo in that order. This follows the hearing into the Reserve Bank of Australia last month. |
| | | | The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ... |
| | | | For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ... |
| | | | The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring. The report titled Australian ... |
| | | | The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ... |
| | | | ... that the full amount of the face value of the liabilities for the stablecoin on issue from the licensee must be held in reserve, in financial institutions licensed by APRA. The Act also targets the e-Yuan, the first CBDC to be issued by a major economy ... |
| | | | The NZ Super Fund has shifted about 40% of its overall portfolio to low carbon indices, in a move that will "significantly reduce" the number of listed companies the fund owns directly. The NZ$57 billion fund began to roll over its indices to the MSCI ... |
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