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Showing 6201 - 6210 of 28263 results for "NOT"

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... quarter from the second and third quarters of last year. If correct, Australia's virtuous cycle would keep on turning. For not only is the strong recovery in Australia's job markets boosting consumer and business confidence, it's also providing ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... to set up a working group to design a methodology for measuring lifecycle funds' performance. "The Bill currently does not appear to recognise the challenges in appropriately comparing lifecycle funds - neither its component parts (or individual ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... Australia - the world's largest iron ore exporter which accounts for around 50% of total world iron ore exports - had it not been for the on-going diplomatic tensions between Beijing and Canberra sparked by that tiny micro-organism. As such, China ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... definitions and will enable all stakeholders to make more meaningful comparisons when assessing who is doing well - and who is not." Phase two will increase the granularity of the entire data collection and consultation will commence later in the year. ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australia Post Superannuation Scheme (APSS) has signed a non-binding heads of agreement to explore a merger with Sunsuper. The $8 billion APSS has been closed to new Australia Post employees since 2012 and has around 30,000 members. APSS Trustee's ...

Pengana portfolio managers depart

KANIKA SOOD  |  THURSDAY, 25 MAR 2021
... international equities strategies. The duo had worked on the funds since 2015. "Jordan and Steven have no intention to, and will not, disturb existing client relationships of the International Equity Strategy funds. They are confident that with their ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... superannuation industries and ensuring customers receive the information that is relevant to them," the regulator said. "ASIC does not have powers to provide exemptions from the new advice fee consents and independence disclosure requirements or to modify ...

Australians bullish on 2021 recovery

KARREN VERGARA  |  THURSDAY, 25 MAR 2021
Australians are bullish about the recovery of the local economy and the positive effect that will have on their portfolios, a survey canvassing investors across the Asia Pacific shows. More than half of the investors canvassed in PIMCO's quarterly investor ...