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Showing 711 - 720 of 6129 results for "Day 8"

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds. AustralianSuper chief executive Ian Silk shot down media ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
The way it's (not) going for Japan, recent upgrades to its 2021 economic growth made by the OECD and the International Monetary Fund might need to be toned down or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... vaccinated. Vox.com opines that, "At current rates, America is administering nearly 2.8 million Covid-19 vaccine doses a day - roughly enough to vaccinate every adult (18 and older) in the country by July 4" - just in time for Independence Day. While ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

Trading platform names new chief

KARREN VERGARA  |  MONDAY, 29 MAR 2021
An ASX-listed trading platform has made changes to its executive leadership, naming a new chief executive and chair. SelfWealth has announced Cath Whitaker will lead the platform, joining from Mercer's parent company Marsh McLennan. She will commence ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP Capital has sold the management rights of a New Zealand listed real estate investment trust (REIT) for a one-off payment of $197 million. AMP Capital held a 50% stake in Precinct Properties New Zealand via its management company AMP Haumi Management ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
AMP has concluded its exclusivity period with Ares Management raising uncertainty as to whether the acquisition of AMP Capital's private markets business will go ahead. As previously announced, both firms are pursuing a joint venture where Ares will ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...

Zero rates causing risky business: Pengana

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
Speaking at the Sydney leg of Financial Standard's Adviser Big Day Out tour, Pengana Capital equity analyst Ryan Fisher said near zero-interest rates is perpetuating the rich getting richer and the poor getting poorer. "The zero-interest rate policy ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
"At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain ...