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Showing 801 - 810 of 6935 results for "% December"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

Ontario Teachers' appoints head of APAC

CASSANDRA BALDINI  |  WEDNESDAY, 28 JUN 2023
Ontario Teachers' Pension Plan (OTPP) has named Bruce Crane as its new executive managing director and head of Asia Pacific, succeeding Ben Chan. Crane takes over from Chan who retired earlier this month and will report to chief investment officer ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
An academic has raised concerns about the impact anti-hawking laws will have on superannuation funds' ability to provide financial advice amid the federal government's proposal to open advice to other channels. Anthony Asher, an associate professor ...

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
Industry Super Australia (ISA) has reappointed Peter Collins as chair, replacing Greg Combet. Collins joined the ISA board in 2012 and served as its chair between 2013 and 2018. When he exited the role and became deputy chair, Combet replaced him as ...

Equity Trustees reviews UK, Ireland businesses

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
EQT Holdings, the parent company of Equity Trustees, is reviewing its investment and scrutinising the future of its operations in the UK and Ireland. Equity Trustees' managing director Mick O'Brien commented: "While the businesses are now well established ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
Financial advisers from large aligned AFSL groups bear the brunt of complaints, according to the Australian Financial Complaints Authority's data, with several AMP and Insignia Financial practices leading the pack. Modelling of the AFCA data shows ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space. Despite having carried out a lengthy and competitive sales process, Westpac is going ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
Australian Retirement Trust (ART) named a BT executive as its new chief of retirement, set to join the $240 billion superannuation fund in December. Kathy Vincent takes the newly created post to focus on implementing ART's retirement strategy, and ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
NAB has confirmed it is on track with the wind down of its asset servicing business, including helping its existing clients in selecting a new custodian. As part of an agreement, NAB Asset Servicing is referring some of its clients to Citi and giving ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
Dexus has copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. The real estate asset group said as of 30 June 2023 an external independent valuation calculated a 6% drop on prior book values for its 32 office properties ...