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Showing 51 - 60 of 5979 results for "Policy"

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... weak domestic demand. Economists have strained to explain this phenomenon, and Japan has been a pioneer in developing new policy tools that have since been implemented around the world," the IMF said. "We now think this period is coming to an end. The ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
Susan Turner will become the new chief financial officer of life insurer AIA, while Anna Livingston has been named chief people and culture officer. Turner boasts over 20 years of experience in senior finance leadership roles, most recently serving ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... revenue, down 4% on the prior corresponding period. Sales for lifetime annuity, which includes Aware Super's annuity policy valued at $619 million, and Index Plus products hit $1.1 billion, up 190% year on year. During the period, Challenger also ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... Council is calling on the federal government to boost the retirement savings of working mothers by $38,000 via two critical policy changes. In the first instance, the SMC calculates that working mums can be $12,500 to $14,500 better off at retirement ...

ASIC chases 757 adviser registrations

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... committed an offence of strict liability and contravened a civil penalty provision. Phil Anderson, the general manager policy of advocacy and standards at the Financial Advice Association Australia (FAAA), told a recent Financial Standard podcast that ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... are high, having benefited from elevated commodity prices as a commodities exporter, relatively less restrictive monetary policy and supportive fiscal policy. Wang expects to see Australian consumer sentiment moderately improve in the coming months ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... with recent indications from Fed chair Jerome Powell against a March interest rate cut. Regarding today's RBA monetary policy meeting, a Finder survey of 27 economists unanimously predicted the cash rate will remain unchanged.

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... iExtend's offer to provide more Australians with the opportunity to extend the life of their existing life insurance policy when financial, health, lifestyle or other circumstances change", and follows proactive and pre-emptive consultation with ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... that promote ESG principles." It does not hold shares in Lockheed Martin because it is excluded under the fund's ESG policy on cluster munitions and anti-personnel landmines. Under pressure Last December, Australian Greens senator David Shoebridge ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... has confirmed it will conduct a "deep dive review" of funds' exposures to unlisted assets later this year. Combining its policy and supervision priorities for the first time to give regulated entities a better idea of what to expect in the year ahead ...