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Showing 8031 - 8040 of 22146 results for "Tim"

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
A $51 billion superannuation fund has awarded a group insurance mandate to TAL, ending a 15-year relationship with AIA Australia. Rest entered a Memorandum of Understanding with TAL to provide life insurance from 1 December 2019. TAL will replace AIA ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
Industry Super Australia is calling on major political parties ahead of the upcoming election to fix the Superannuation Guarantee loopholes costing workers $5.94 billion in super entitlements. A new report compiled by ISA citing 2016-17 financial year ...

Macquarie Capital appoints group co-heads

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Macquarie Capital has appointed two group co-heads as the incumbent leaves the role after seven years. Tim Bishop will step down as the group head of Macquarie Capital and from the executive committee effective May 31. He will become the chair of Macquarie ...

Bravura raises $165m for GBST bid

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Bravura Solutions has raised $165 million as it circles financial administration services competitor GBST. Macquarie has underwritten the placement at $5.75 per share for 28.7 million shares to raise the $165 million. This represents a discount of 7.9% ...

Boutique fund house adds distribution lead

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
A boutique fund manager appointed a new head of distribution from Macquarie. SG Hiscock has appointed Anthony Cochran to lead the distribution of its offering. Cochran joins the company after 14 years with Macquarie. He was most recently responsible ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
A funny thing happened along the way to the Reserve Bank of Australia's (RBA) scheduled monetary policy meeting on May 7 and ahead of the May 18 Federal Election. While the slowing momentum in Australia's economic and survey indicators, and ...

Two new faces join SMSF Association board

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
The SMSF Association has added two self-managed super specialists to its board. Tracey Scotchbrook, vice chair of the West Australian Local Community, and Michael Houlihan, chair of the Victorian Local Community will join the board of the association. ...

What will super funds get from the ASX CHESS replacement?

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
As the ASX ticks along in switching from its legacy settlement service to a blockchain based solution, how will Australia's $2.8 trillion pool of superannuation assets benefit? That's a question ASX chief executive Dominic Stevens addressed ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
AMP's wealth management arm saw net outflows of $1.8 billion last quarter. Announced as part of its annual general meeting today, the embattled wealth manager revealed outflows from its Australian wealth business tipped $1.8 billion in the first ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...