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Showing 641 - 650 of 4662 results for "DOL"

FSU secures super pay increases

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
The Financial Sector Union (FSU) has confirmed employees at a number of super funds will receive pay increases in a deal that followed 12 months of negotiation. The FSU said it was pleased to have reached decisions with a number of super funds including ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
The US Department of Financial Services (DFS) has hit Deutsche Bank with a US$150 million penalty for the bank's relationship with disgraced financier Jeffrey Epstein. This marks the first enforcement action by a regulator against a financial institution ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
All of Metropolitan Melbourne will be back in lockdown before the clock strikes midnight tonight. Victoria's Department of Health and Human Services advises that from 11:59pm, 8 July 2020, Melburnians will only be allowed to leave home for four ...

Chief economist update: The post-pandemic problem

BENJAMIN ONG  |  THURSDAY, 2 JUL 2020
"This is a once-in-a-100 year type event, we haven't seen this sort of thing in Australia since the end of the first World War..." This was how Australian Prime Minister Scott Morrison described the coronavirus outbreak shortly after the World Health ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

SG does wonders for households: Research

JAMIE WILLIAMSON  |  MONDAY, 29 JUN 2020
Australian households are $500 billion better off because of the compulsory superannuation system, according to new research. The latest report from the Association of Superannuation Funds of Australia (ASFA) estimates compulsory super has added $500 ...

Melbourne boutique appoints head of distribution

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
Mark Landau and Raphael Lamm's boutique has hired a new head of distribution. Chris Clayton joined L1 Capital in the newly-created role last month and is responsible for managing business development, marketing and client services. Clayton was most ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The pandemic has created compelling investment opportunities in emerging markets, while the bigger players face increasing scrutiny over their bungled responses and dismal transparency. That's according to Michael Cirami, co-director of global income ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
Rio Tinto got a talking to from AustralianSuper in relation to it blowing up a 40,000 year old Aboriginal heritage site, but the fund won't be selling down its $1 billion dollar stake. AustralianSuper chief investment officer and deputy chief executive ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
"...and I think to myself, what a wonderful world." -- Louis Armstrong It seems a long, long time ago but it's only been three whole trading days (June 11) since Wall Street suffered a big fall - the day US benchmark equity indices closed sharply ...