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Showing 7411 - 7420 of 22140 results for "Tim"

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... regulatory environment across all competitors." The bosses of NAB and ANZ will also face the committee. The chair of the committee, Tim Wilson MP, said the hearings are an important mechanism for the Parliament to publicly scrutinise and hold Australia's ...

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July ...

Global ETF industry hits record high

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
The global ETF industry hit a new record high in the third quarter with assets in US passive managed funds and index ETFs topping those in US active managed funds for the first time, according to BetaShares. Global ETF's finished the quarter with US$5.8 ...

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
Rainmaker research has shown the managed funds' sector has acutely underperformed its benchmarks for the 12 months to 30 June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope ...

Challenger head of retail departs

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... D'Introno's appointment follows a previous high-profile hire at the boutique. In June, Yarra poached Ellerston's chief economist Tim Toohey as its head of macro and strategy.

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
A group of actuaries have answered the calls of retirees looking for a simpler way to determine how much money they should draw out of their savings in retirement, developing a new three-part rule of thumb. The Rule of Thumb Working Group has developed ...

Macquarie executive joins industry fund

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
A $3 billion industry superannuation fund has added a new head of member experience from Macquarie Group. Club Plus Super has confirmed the appointment of Carolyn Tait to the lead member experience role, effective this week. The appointment follows ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
"Actions speak louder than words." That may be so but it appears that this generally accepted truism does not apply to the Bank of Japan (BOJ). The Japanese central bank has kept monetary on hold since it introduced quantitative and qualitative easing ...

Super fund adds industry veteran

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
An $8 billion government superannuation fund has welcomed the former country head of Franklin Templeton to its board of directors. Maria Wilton has joined the board of the Australia Post Superannuation Scheme, effective October. At the same time, Jim ...