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Showing 7221 - 7230 of 21776 results for "Dec"

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
Macquarie Group still expects its 2020 financial year performance to be down on last year, despite growth in the firm's asset management and banking and financial services divisions this quarter. Macquarie Group chief executive Shemara Wikramanayake ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
New Rainmaker research reveals the financial advice industry in Australia is in a state of compression - as advisers leave in significant numbers and licensees are squeezed. The number of registered financial advisers decreased 15% last calendar year ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
Global institutional pension fund assets among the 22 largest markets bounced back in 2019 to climb by 15%, reaching US$46.7 trillion. Over the last decade, the fastest growing pension markets in the world have been in Asia and the US - with South Korea's ...

More engagement with custodians needed: Report

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The Australian Custodial Services Association (ACSA) is urging institutional investors to forge closer relationships with custodians to ensure better outcomes are achieved. ACSA released a report describing the evolving role custodians play in Australia's ...

ACCC denies impropriety

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
The ACCC has denied acting with impropriety in bringing criminal cartel charges against ANZ, Citigroup and Deutsche Bank. The regulator is being questioned after the Commonwealth brought charges against ANZ, Citigroup and Deutsche Bank following the ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Super fund admits its gender pay gap increased

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
An ethical super fund has published all the work it does internally to promote gender equality, admitting its own gender pay gap grew in favour of men. Future Super, which has about $350 million of members' money, began reviewing its gender pay gap ...

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
Listed platform Praemium's half yearly results included an update about its UK business and its virtual managed accounts portfolios. The virtual managed accounts had a strong uplift, contributing to platform revenue being up 22%. Praemium's Virtual ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
The peak body for industry super funds is stepping up its campaign to convince the public of the benefits of increasing the superannuation guarantee, as the RBA weighs in to the debate. Industry Super Australia has kicked off a new advertising campaign ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
The Actuaries Institute has called for urgent reform of Australia's $5 billion disability income insurance sector. The institute said it has established a taskforce saying that failure to implement significant changes will reduce consumer access to ...