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Showing 621 - 630 of 3666 results for "Maintain"

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
Alan Cameron will serve as independent chair and lead the stakeholder group responsible for advising the ASX's clearing and settlement boards during their efforts to rectify the CHESS replacement debacle. The ASX said members of its advisory group ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... annum. Each term deposit must be a minimum of $5000, to a maximum of $5 million, and are invested with NAB. Members must maintain the greater of $10,000 or 10% of their account balance invested in another option for fees and premiums to be deducted. ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
The US Federal Reserve has raised interest rates by a quarter of a percentage point, taking rates to a 22-year high. Overnight, the Fed announced rates would rise to a range of 5.25% to 5.5% to continue its fight against inflation. Fed chair Jerome ...

Hamilton Lane targets sustained growth with revamped leadership

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
Hamilton Lane has revealed a series of senior leadership changes as part of its strategic positioning for sustained global expansion. The firm's current managing director and the head of direct equity investments Jeffrey Armbrister has been appointed ...

Nuveen appoints head of consultant relations, APAC

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... taken the helm to enhance Nuveen's ties with global investment consulting firms in the APAC region, aiming to bolster and maintain assets aligned with Nuveen's investment strategies. Previously, Rudduck served as head of consultant relations at Janus ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
The wealth management sector is at a critical juncture, confronting declining fees and escalating compliance costs, according to Citigroup research. Accordingly, the Citi Disruption and Transformation in Wealth report suggested a need for wealth managers ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... member records becoming compromised. "This new standard will ensure that regulated entities set and test controls and maintain robust business continuity plans to respond if disruptions do occur," Lonsdale said. "We expect regulated entities to be proactive ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... lost travelling to and from work. The FSU has been engaging with CBA for several months now, pushing for the bank to maintain the status quo while also offering all affected staff remote working arrangements on mutually agreeable terms. However, CBA ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ...