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Showing 681 - 690 of 3426 results for "Update"

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... specialist recruiter Kaizen has confirmed the industry is also suffering a dearth of talent. In its most recent quarterly update, the recruitment firm noted upward pressure on salaries in financial services due to a lack of qualified candidates to fill ...

MetLife upgrades adviser platform

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
MetLife Australia unveiled a new digital platform for financial advisers to cater to regulatory and product changes that took effect this month. Key product changes follow APRA's reforms to income protection which kicked off in October. The platform ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... to BT Panorama started on Monday, August 2 and full service was not restored until Sunday, August 8. In BT's quarterly update, Rady acknowledged the outage. "I want to acknowledge the BT Panorama outage in early August. This related to the user interface ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved investment markets offset the net cash outflows the wealth management business saw. ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
Christian Super is reducing insurance premiums for most of its members, saying the offering now better aligns with what is available at other super funds. Premiums will change from November 1 for all occupational categories to better reflect the level ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee ...

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
ASIC issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds. The regulator will conduct a review this financial year on how trustees abide by its requirements and may consider ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

Pendal FUM rises despite mandate losses

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... the September quarter. Pendal's total FUM grew to $139.2 billion from $106.7 billion quarter on quarter, a trading update on the ASX shows. For its Australian unit, FUM dropped from $37 billion in June to $35.9 billion in September, which factored ...