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Showing 541 - 550 of 1585 results for "Light"

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Investec Bank plc has received the green light from APRA to provide banking services in Australia from July 1. Investec Bank plc, which is owned by London Stock Exchange-listed Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... REI Super and LUCRF Super that have recently told members to expect changes to the price of their group insurance cover in light of the new legislation. From 1 July 2019, GuildSuper and Childcare Super will apply new premiums, representing increases ...

AMP loses mandate to AustralianSuper

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... our members", particularly revelations relating to AMP's practices and seemingly systemic misconduct. "The union is, in light of these developments, seriously concerned that our members' retirement savings are being managed by AMP," the letter read. ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
... million) investment. The fund said it has decided the tobacco industry is a poor investment for its eight million members, in light of stricter worldwide regulation against tobacco products, increasingly aggressive legal action by governments against ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... members with death and TPD insurance by default, members who have not selected their occupation category are assigned to the light blue collar rates. In light of this, a Rainmaker analysis shows actual default cost per week for default death and TPD ...

Australians retire too wealthy: Grattan

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The Actuaries Institute's annual summit has seen a fiery debate between the chief executive of the Grattan Institute and Mercer's David Knox over ideal retirement incomes. Grattan Institute chief executive John Daley and Mercer senior partner ...

Investment firm plans delisting

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... by the management. "The delisting is considered by the company's board to be in the best interests of the company in the light of the low levels of trading liquidity of the company's shares on the ASX and other factors which have lead the board to conclude ...

Investec closes robo-advice

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
Investec's international robo-advice offering, Click & Invest, has been shuttered just two years after it was launched. Citing low appetite for the service, Investec said "the market itself is growing at a much slower rate than expected." Investec focusing ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... comes to mind is Australian Federal Treasurer Josh Frydenberg's 2019/20 Budget that predicts a surplus would see the light of day in all its virgin glory. You sexy thing! The elimination of domestic political uncertainty surrounding the elections ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
It's now 8pm in Washington. That's four hours until T-day (tariff Friday) - the time when US tariffs on about US$200 billion worth of Chinese goods are set to increase to 25% from 10%. Investors around the globe are holding their collective ...