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Showing 7041 - 7050 of 29074 results for "PRI"

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
School banking programs are marketed as a force for good in the community, targeting vulnerable customers in young children who don't end up improving their financial management behaviour, ASIC's two-year review found. After engaging nearly ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
AIA Australia is launching a more affordable, simplistic income protection product in early 2021. IP CORE pays a monthly benefit for total or partial disability as a result of injury or sickness that satisfies a material and substantial duties definition. ...

Senior appointments at HLB Mann Judd

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
HLB Mann Judd has made several director appointments in its Adelaide and Sydney offices, including a new tax director in the South Australian firm. Peter Wirtz will take on the position of tax director in Adelaide, an appointment which HLB Mann Judd ...

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
The prudential regulator has confirmed it will be monitoring the return of deposits by Xinja Bank as it ceases to operate as an authorised deposit-taking institution (ADI). Xinja made the decision to withdraw its transaction and savings account products ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Lendi and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
A second advice practice has left the MLC Wealth dealer group ahead of the merger with IOOF. Venture Financial Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from Godfrey Pembroke in November. ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
"Convince your enemy that he will gain very little by attacking you; this will diminish his enthusiasm" - Sun Tzu, The Art of War It would be surprising and un-Chinese for China not to heed the prescriptions of one of its famous son, Sun Tzu - a military ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The head of SuperConcepts and AMP Australia's managing director of superannuation, retirement and platforms is leaving the organisation, parent company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and ...

Departure at Perpetual small caps team

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
A UBS sell-side analyst who joined Perpetual's small caps team last year has left. Dean Fremder was hired as a dedicated small caps analyst last year to assist lead manager Jack Collopy in 2019 after seven years at UBS's small-cap sales desk ...