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Showing 751 - 760 of 2993 results for "February 1"

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
Crude oil remains hot with prices soaring to 14-month highs. This year to date, the price of Brent oil has surged by 30.5% to US$66.85 per barrel and that of the WTI soared by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
The US is betting that a combination of the stimulus package and COVID-19 vaccinations will lead to full economic recovery by the end of the year, according to a leading economist. Capital Group economist Darrell Spence is optimistic that by September ...

Former Clime investment chief nabs new role

ELIZABETH MCARTHUR  |  THURSDAY, 4 MAR 2021
Clime's former chief investment officer, who sued Clime and its chief executive Rod Bristow, has moved to MLC Asset Management's multi-asset team. Anthony Golowenko has been appointed portfolio manager in the multi-asset capital markets research ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
The corporate regulator has commenced civil proceedings against the industry superannuation fund for misleading and deceiving members in relation to switching super funds. ASIC has taken Federal Court action against Rest for false or misleading representations ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
HESTA and Cbus have settled claims brought against them by State Street over the Fearless Girl statue, while Maurice Blackburn scored a win in court last week. State Street Global Advisors Trust Company and its local subsidiary State Street Global Advisors ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
A $10 billion industry fund is reviewing salary and superannuation benefit payments within its defined benefit fund that were potentially paid incorrectly. Statewide Super's Salarylink, a defined benefit fund for local government workers, is investigating ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...

NEOS shakes up leadership team

KARREN VERGARA  |  MONDAY, 1 MAR 2021
NEOS Life has made several senior appointments, including new leads for its actuary, claims and implementation departments. Kirshan Reddy joined as chief actuary in February after working at MLC Life Insurance as the head of profitability and performance ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
The chief executive of the Canada Pension Plan Investment Board (CPP Investments) has exited the top job amid reports he left the country to receive a COVID-19 vaccination. CPP Investments announced that Mark Machin resigned shortly after he "decided ...

Remains of Melissa Caddick found

ELIZABETH MCARTHUR  |  FRIDAY, 26 FEB 2021
A foot in a shoe has been identified as belonging to missing woman Melissa Caddick, the woman who claimed to be a financial adviser and is the subject of an ongoing ASIC investigation. The human remains were discovered on a beach on the NSW South Coast ...