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Showing 7601 - 7610 of 29079 results for "PRI"

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

Two Sydney advice firms merge

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Two Sydney-based advice firms have merged, with the firms saying it was not a decision either party made lightly. Halcyon Wealth Advisers has merged with Principle Advisers with the aim to take the business into the future and enable financial advisers ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Link Group has posted disappointing FY20 results across the board weighed down by tough trading conditions and increased regulatory costs. Compared to last year Link posted a 12% fall in statutory net profit, a 27% fall in operating net profit after ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

Citi adds compliance head

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Citi Australia has appointed Sarah Stewart as managing director and chief country compliance officer for Australia and New Zealand. She takes over from James Davies, who was recently appointed as regional chief compliance officer for Citi's Institutional ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
If a technical recession is defined as two successive quarters of negative growth, what do you call a period where the economy contracts for three straight quarters... and counting? Japan may have imposed less stringent coronavirus containment measures ...

HESTA advocates for change post Rio blast

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
The $52 billion industry fund for health employees has outlined its investor expectations for mining and energy companies and how they engage with Indigenous communities and heritage sites after the destruction of the Juukan Gorge Caves by Rio Tinto. ...

Citi hires new banking, wealth lead

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
Citi Australia has appointed a new head of its banking and wealth management distribution business. After more than 10 years with the bank, Gofran Chowdhury has nabbed the role, and will now lead the sales and distribution division within Citi Australia's ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
A new whistleblower has come forward, recounting what amounts to a campaign of harassment and a derailing of her career at AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator ...

Melbourne boutique wins Crestone allocation

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
Crestone Wealth Management has allocated to a Melbourne boutique's real assets fund that targets 7-11% per year in returns while aiming for a measurable social impact. The HNW advice firm will use Conscious Investment Management's impact fund, which ...