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Showing 7001 - 7010 of 28267 results for "NOT"

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... "Around one third of respondents said they were unsure about the impact of their withdrawal on their retirement balances, or had not thought about that, or did not care." Co-author and professor of economics at the UNSW School of Risk and Actuarial Studies ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... October 2. The temporary relief enables some 'low doc' offers to be made to investors without a prospectus, even if they do not meet all the normal requirements. Companies will be able to access the relief if they have been suspended for up to 10 days ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Budget..." "The prospect of the RBA "sitting back" to assess the Budget, which has been seen as the "norm" in previous years is not appropriate for these unique times." Bill moved the markets. The Australian dollar dropped from US$0.7171 to US$0.7115 ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... Peter King apologised for the bank's failings and said he is committed to fixing the issues to ensure this situation does not arise again. "This has been my number one priority. We have also closed down relevant products and reported all relevant ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
... combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer is creating a new life ...

BNP Paribas AM CIO steps down

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... down on August 31 but remains as a non-executive director within some of the asset manager's investment committees. Ng will not be replaced, a BNP Paribas AM spokesperson said. "Our Asia-based investment teams will continue reporting into their respective ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... took particular note of 'cash plus' or 'cash enhanced' labelling, where ASIC found 50% and 70% respectively of assets were not cash or cash equivalents, and actually fixed-income securities and mortgages. ASIC did not name any funds, but Financial Standard ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... transaction in the fourth quarter of 2020 or early 2021, subject to regulatory approvals, the specific terms of the deal have not been disclosed.

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... billion. "While some markets like the US S&P500 have almost fully recovered others including those in Australia and the UK have not and the situation remains very volatile with the previously high flying US NASDAQ tech index diving 10% in the past couple ...

Male-pack mentality holds back boards

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... capacity to recruit a diversity of views. "Such a blinkered approach to governance is highly risky, and while members may not know they're operating in such a way, a lack of gender diversity almost guarantees this outcome," she said. The research noted ...