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Showing 6571 - 6580 of 20555 results for "BEN"

Mercer wins super admin mandate

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
... will enable the Fund to meet its strategic objectives more quickly." Mercer Australia managing director and chief executive Ben Walsh said Mercer's investment in people capability, process innovation and technology solutions would allow it to give CareSuper ...

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
ASIC and the FPA have made several recommendations to the Royal Commission, including eliminating the practice of grandfathered advice commissions. In its second round submission to the Commission, ASIC said it was concerned ongoing advice arrangements ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... predicts more tightening in the future, the scope and magnitude would be less if the slowing trend in inflation continues. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
Contango Asset Management is reducing the cash allocation in its listed income fund, aiming to have 95% of its net tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) ...

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
ANZ has chosen the top executive from its wealth division to serve as the bank's deputy chief executive. It is one of two senior appointments announced yesterday. Both positions became open after ANZ's deputy chief executive Graham Hodges announced ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
No one can escape it, even if we try. The media - radio, TV, print, social - is full of it. Reports, assessments, and implications of Australia's Federal Budget 2018-19. There's the usual flood of "Budget winners and losers" and the "what's in it for ...

Retirement income rules boost annuities: Challenger

ALEX BURKE  |  WEDNESDAY, 9 MAY 2018
Challenger said the new requirement for superannuation trustees to include comprehensive income products for retirement (CIPRs) will boost outcomes for retirees in blended annuity portfolios. As per the changes in the Budget, the new means test rules ...

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
Diversified wealth managers IOOF and StatePlus have led industry support for superannuation measures introduced in last night's Budget. IOOF highlighted how Australians stand to benefit from changes to superannuation policy which would allow planning ...