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Showing 6421 - 6430 of 28267 results for "NOT"

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... Chase's London branch, its own bank. Despite the UK leaving the EU, no fees were anticipated from Eurozone banks as the UK did not leave the Single Euro Payment Area (SEPA). The SEPA allows for bank transfers free of charge between member countries. ...

Industry fund promotes for GM role

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... "Kieran made a huge contribution to Rest, coordinating our administration operations during a critical time for the fund, if not industry, including market volatility during the first months of the COVID-19 pandemic and the early release of super scheme," ...

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... financial and operational resilience, founded on a strong prudential framework." Additionally, Byres said each industry has not only been able to withstand the events of the past year but played a part in helping cushion the blow from a severe economic ...

Lazard restructures Australian business

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
... has confirmed it is undertaking a restructure of its Australian business. The reorganisation of the firm in Australia will not change anything for Lazard Asset Management. However, it is likely to result in a new and different Australian Financial Advisory ...

Janus Henderson loses capital investment

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... The stake will be sold through a secondary offering of 30,668,922 shares valued at US$29.25 per share. Janus Henderson is not offering any shares, nor will it receive any proceeds from the sale but intends to repurchase up to US$230 million of the stock. ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... growing to 5.5 percentage points. Of the five lowest-performing lifecycle MySuper products, four were retail and one was a not-for-profit (NFP) fund. Of the five top performers, four were NFP funds and one was a retail fund. Despite the current performance ...

Investors unprepared for unexpected events: Study

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
Over 70% of companies are not prepared to detect unexpected events like COVID-19, according to a survey of over 400 global risk and compliance decision makers. The study by Dataminr found that only 29% of firms felt confident they have the technology ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... to these developments". Reasons behind the BOE's preparation for the worst. "While the Committee was clear that it did not wish to send any signal that it intended to set a negative Bank Rate at some point in the future, on balance, it concluded ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... ETFs. "By continuously assessing the underlying assets in those ETFs because they have to meet our screens... That means it is not a passive investment, it's an active investment," Hosain said. Hosain said that when Future Super first came to market ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... increase is ramped up action against major financial institutions, and argued that small, individual advice businesses should not be footing the bill. "Many of the advisers have no choice but to pass on any increases in regulatory fees to their clients ...