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Showing 7631 - 7640 of 21779 results for "Dec"

AustralianSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
The $170 billion superannuation fund has appointed its new chair, succeeding Heather Ridout. The board of AustralianSuper has appointed Don Russell as independent chair of the fund. He will replace Heather Ridout who has held the role since 2013 and ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
Recent headlines underscore what Financial Standard had been ranting about months before. Those rants include The general economic uncertainty wouldn't be sufficient to prod businesses and consumers to invest and spend, even if interest rates were ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day. The custody bank will now be able to settle its own high value payment ...

MLC Wealth adds to leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
The head of corporate superannuation at Mercer has joined MLC Wealth's executive lineup in a newly created role. Darren Stevens has been appointed group executive, platforms at MLC Wealth. Currently Mercer's head of corporate superannuation ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...

Paradice portfolio manager departs, US office closed

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
David Paradice's equities boutique is closing its San Francisco office and bidding farewell to a co-portfolio manager after a restructure of its global small caps team. The $5 billion Paradice Global Small Cap Fund was managed by investors across Sydney ...

Calls for better drawdown rules

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Over the next decade the number of retired Australians over 65 is projected to grow from four million to seven million, sparking calls from Willis Towers Watson for better drawdown rules to ensure retirees aren't being too conservative with their ...

Bloomberg launches equity benchmarks

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
Bloomberg has launched U.S. equity benchmark capabilities, marking a significant step for Bloomberg in the equity index space. The new equity offering includes the Bloomberg U.S. Large Cap Index as well as growth, value and dividend indices. These benchmarks ...

New NAB chief start date announced

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
NAB has announced Ross McEwan will take the reins as the group's new chief executive before the year's end. Ross McEwan will step down from his role as chief executive of the Royal Bank of Scotland on October 31 and commence as chief of NAB onDecember ...

Super expert re-joins Mercer

HARRISON WORLEY  |  TUESDAY, 24 SEP 2019
A former Mercer executive has returned to the firm after a brief stint leading superannuation consulting at Rice Warner. Tim Jenkins has been appointed partner in Mercer's institutional wealth division, just over six years after he left behind a ...