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Showing 6741 - 6750 of 21776 results for "Dec"

High Court rules against Fortescue

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
The High Court in London has lifted an interim injunction preventing news organisations from publishing details of price discounts offered in the low-grade iron ore market by Australian mining giant Fortescue Metals Group (FMG). FMG had applied for ...

Outsourced trading set to boom

ALLY SELBY  |  MONDAY, 25 MAY 2020
As merger activity propels the size of some of the nation's super funds, outsourcing could emerge as the answer to cheaper, quicker and more scalable trading. According to State Street, outsourced trading can help super funds and asset managers ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
The majority of Australians believed their super fund would protect their retirement savings in the event of a market downturn, according to new research coming out of Russell Investments. Surveying more than 3000 Australians in January this year, the ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Treasury and the Australian Taxation Office have issued a joint statement in relation to the reporting error in the estimates of the number of employees likely to access the JobKeeper program. The enrolment forms completed by over 910,000 businesses ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
IOOF has settled one of the class actions brought against it on the back of the Royal Commission. The wealth group announced to the ASX this morning it has settled in the class action brought by Quinn Emanuel Urqhart & Sullivan in April 2019. The class ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

Former UBS Wealth exec joins Centrepoint

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
A former national head of strategy at UBS Wealth Management has joined the c-suite at Centrepoint Alliance. Brendon Glass has been appointed chief financial officer of major financial advice group Centrepoint Alliance, fresh off a set of interim advisory ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve ...

House prices expected to tumble

ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
HSBC has warned Australian house prices could fall as much as 12% in 2021 as the fallout from the COVID-19 pandemic continues. HSBC analysis showed Sydney house prices could fall by as much as 15% next year, while Melbourne could see a 17% drop. HSBC ...