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Showing 6281 - 6290 of 19591 results for "RIS"

Insurer to add value via tech

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The battle for customer engagement and demonstrable value in the world of life insurance is leading to a raft of new offers, including a new wellness program from Zurich. Zurich today launched LiveWell, an app-based program that will reward customers ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The UK's Financial Conduct Authority (FCA) has opened an investigation into the events surrounding the suspension of the Woodford Equity Income Fund, with Link Group now caught in the scandal. Earlier this month, star UK fund manager Neil Woodford took ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
Maybe not at this month's Federal Open Market Committee (FOMC) meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool ...

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
ASIC commissioner John Price has warned a "strong culture" might not stand resolute in the face of remuneration incentives. Addressing the Governance Institute's Risk Management Forum in Sydney yesterday, Price warned companies that ensuring the behaviour ...

Best-performing funds with least risk

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
What are the best-performing Australian equities funds with the best-managed risk? Rainmaker ranked the winners over three-year returns to March. "Investors considering managed funds options are interested in the rate of return their investment makes ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
A pension giant is offloading $73 million worth of investments in tobacco companies as its chief investment officer sees no future benefits for its members in the industry. The UK's National Employment Saving Trust has set a two-year deadline for ridding ...

Industry fund appoints deputy CIO

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
A $50 billion industry superannuation fund has promoted from within to fill a newly created deputy chief investment officer role. Cbus has appointed Brett Chatfield to the new role; he will be stepping into the position from his role as head of public ...

Retiree savings won't last: World Economic Forum

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
The World Economic Forum has weighed into the debate on the adequacy of Australia's retirement income system, releasing a report declaring average Australians will burn through their retirement savings too quickly. The report, Investing in (and for) ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...