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Showing 6061 - 6070 of 28263 results for "NOT"

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... reforms are unlikely to benefit any superfund members. "No rationale has been provided for the notion that super funds should not have an association with proxy advisors and we are struggling to see the point of this part of the proposal. It would almost ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... superannuation. Ensuring your superannuation is structured to suit your lifestyle should be something that occurs at every age not just for pre-retirees," MLC Wealth group executive of retirement and investment solutions Tim Steele said. When it comes ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Value of internet search for stock markets revealed

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... decrease stock market crash risk. Instead, we saw a significant jump," Zheng said. "This suggests internet searching does not exacerbate investors' biases - instead, it facilitates their ability to access and analyse information." She added that following ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... revise the bill before returning it to Parliament," Labor senators said in the report, listing their recommendation as "bill not be passed". Labor said it supports the overall intention, but raised concerns about the Bill as a whole. "It should be noted ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions and that their liquidity frameworks ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... the future direction of AMP. We were talking about how the size and shape of the business will change. The discussions were not complete and no decisions were made." She did not divulge when or how AMP approached ANZ deputy chief Alexis George to apply ...

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... another scenario similar to the Life Insurance Framework. "The Life Insurance Framework came about because the industry could not commit to unified action when we were being told by the regulators and government we had to," Minto said. "We complain about ...

Hamilton Wealth Partners co-founder leaves

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Melbourne advice firm Hamilton Wealth Partners' co-founder and chief operating officer has left the business after eight years. Ian Gillies was also a partner and a financial adviser. He leaves as he heads into semi-retirement at the age of 64. His ...