Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 671 - 680 of 2024 results for "AMI"

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
Perceptor has revealed the state of financial services salaries and bonuses in its 2019/2020 Market Trends and Salary Review. The boutique recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
The issue of affordability is plaguing the financial advice industry, further compounded by recent action taken by both AMP and MLC Wealth. Speaking at the recent Association of Financial Advisers' National Conference, AFA general manager of policy ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

Life insurance leaders fear for industry

ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
Some of the biggest names in Australia's life insurance sector have shared their biggest concerns for the future of the industry. Appearing on a panel at the 2019 Association of Financial Advisers National Conference, Zurich chief distribution officer ...

AMP Capital restructures real estate arm

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
AMP Capital has made several changes to the leadership of its real estate arm, amid a realignment of the business unit. The global investment manager has split its real estate business into two specialist sectors: retail, and office and logistics. As ...

Rest to restructure investments, hire CIO

HARRISON WORLEY  |  FRIDAY, 9 AUG 2019
Rest is set to appoint a chief investment officer amid a restructure of its investment operations. The $57 billion industry superannuation fund is bringing its wholly-owned investment arm, Super Investment Management (SIM) into its internal investments ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
It's a hat trick! Three central bank meetings, all three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...