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Showing 801 - 810 of 5156 results for "rest"

Prime Super's general manager of investments departs

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
Prime Super general manager of investments Jane Kang has left the profit-to-member fund. Kang had been with the fund for seven years, starting as its investment operations manager. She exited earlier this week. Speaking with Financial Standard, Prime ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
The International Monetary Fund (IMF) has warned Australia's economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity ...

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
APRA has made changes to the structure and responsibilities of its executive team, making several appointments including a new executive director, superannuation. Last year, APRA promoted Therese McCarthy Hockey and Suzanne Smith to the role of member. ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive ...

Four themes driving 2023: Iggo

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
... and other technologies, Iggo said. Therefore, it specifies that a lot of the content must be US produced. He added: "In the rest of the world, governments are also likely to play a similarly interventionist role to address the need to meet CO2 emission ...

KKR halts REIT withdrawals

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
KKR & Co. has slowed down investor withdrawals from its US$1.6 billion KKR Real Estate Select Trust Inc. (KREST) following a high volume of redemption requests. The halt strengthens views that REITs are in hot water following last month's withdrawal ...

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... improvement to the current SoA rules, it added. Still an argument can be made that the cost of advice is mainly due to the rest of the advice process, including meetings, file notes, admin, chasing up information from clients and product providers, compliance ...

Spaceship reduces headcount, reorganises executive team

JAMIE WILLIAMSON  |  THURSDAY, 19 JAN 2023
Spaceship is cutting costs, informing staff it will reduce the size of its team, while also restructuring its leadership. The superannuation and investment startup made the announcement on Tuesday, saying it expects four members of the team to leave ...

Bravura restructures operating model, makes new appointments

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
Bravura's executive team has instituted an organisational change program to reconfigure its operating model, shifting some leadership roles. The program, led by Bravura chief executive Libby Roy, will focus on establishing a product framework that supports ...