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Showing 581 - 590 of 6512 results for "News"

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... served in senior roles at IOOF for eight years. Stephen has just clocked 10 years leading Lonsdale. The changes follow the news earlier this week of IOOF's acquisition of MLC and consolidation of licensees, closing FSP, Executive Wealth Management ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

Financial Standard launches FS Sustainability

STAFF WRITER  |  TUESDAY, 1 SEP 2020
... Report has been relaunched as FS Sustainability today. FS Sustainability will aim to provide expert analysis and in-depth news on a variety of ESG issues and how ESG factors are integrated into investment decisions. The rebrand to FS Sustainability aligns ...

NPS buffers COVID-19 shocks

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
South Korea's National Pension Service (NPS) has delivered positive results for its members despite the havoc wreaked by the global pandemic in the investing world. In the six months to June NPS posted 0.5%, buoyed by investments in global fixed ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
Financial markets view the A$ as a risk currency - it's sold off in times of heightened uncertainty - and has a high growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar ...

ERS withdrawals surpass $32bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Retirement savings withdrawals have surpasses $32 billion since the introduction of the government's Early Release of Super (ERS) scheme. Over the week to August 23, 59,000 applications were received by funds of which 35,000 were initial applications ...

ESG investors overreact to negative news

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... Centre for Financial Studies reveals ethical investors who overreact to negative environmental, social and governance (ESG) news spur falls in share prices and are better to wait before making trade decisions. The study analysed over 331,000 ESG news ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... the constitution relating to the acquisition of property "on just terms". Rennick also branded industry super fund-owned news website The New Daily a "communist propaganda tool used to peddle Marxist ideology". Labor senator Tim Ayres said listening ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
"If the mountain will not come to Muhammad, then Muhammad must go to the mountain." True to its legend, the Jackson Hole symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August ...

COVID-19 may delay retirement: WTW

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
A new report from Willis Towers Watson suggests the effects of COVID-19 could delay a person's retirement by as much as eight years. WTW said a range of factors caused by the COVID-19 pandemic mean superannuation fund members may need to keep working ...