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Showing 6041 - 6050 of 22137 results for "Tim"

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... Mine Super are also amongst those listed and will face the committee tomorrow via video conference. Chair of the committee Tim Wilson said the hearings are an important part of the committee's scrutiny of the four major banks and other financial institutions. ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
RI Advice, an IOOF subsidiary, has failed in its attempt to stop ASIC using Royal Commission evidence in its ongoing case against the dealer group. ASIC's case against RI Advice and one of its former financial advisers, John Doyle, is currently playing ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis shows. In stark contrast to this year, Aussie super funds enjoyed an extremely positive 2019, according ...

Milestone Group appoints APAC lead

ALLY SELBY  |  TUESDAY, 8 SEP 2020
The head of Asia Pacific for RBC Investor and Treasury Services has been appointed to lead Milestone Group's regional business... and Australia's recently consolidated super funds are in her sights. Industry veteran Marian Azer has nabbed a ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
A financial adviser has publicly called on the chief executive of Media Super to explain why a total and permanent disability claim for a very vulnerable client has been indefinitely delayed. ClaimRight founder and Financial Planning Association of ...

S&P downgrades AMP

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
AMP Limited and AMP Group have been hit with a credit downgrade from S&P. S&P downgraded AMP Limited and AMP Group Holdings from BBB to BBB-. AMP Bank also got a downgrade, from BBB+ to BBB. However, the outlook for AMP Group improved from "creditwatch ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
A boutique administration services firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional ...

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
The number of Australians seeking financial advice has doubled from five years ago, a new report finds. According to Investment Trends, 2.6 million non-advised Australians want the services of a financial planner over the next two years. This demand ...

Chief economist update: Is Dan still the man?

BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
Victorian premier Dan Andrews is copping it left, right and centre - citizens, businesses, medical experts, politicians - after dangling and later extending (by another two weeks) the planned September 13 end of lockdown. Already, fresh modelling by ...