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Showing 8271 - 8280 of 29084 results for "PRI"

FSC appoints deputy chief executive

ALLY SELBY  |  TUESDAY, 14 APR 2020
The Financial Services Council (FSC) has appointed a former Westpac head as its deputy chief executive. Blake Briggs nabbed the role after spending two years as Westpac's head of government affairs, and will rejoin the FSC in May. Briggs previously ...

Vanguard boosts superannuation team

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
Vanguard has created a new head of operations role for its burgeoning superannuation offering, hiring from an industry fund. Rachel Reynolds has stepped into the role of head of operations, superannuation at Vanguard. Reynolds spent almost five years ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
Tributes are flowing for former Westpac chair and Treasury secretary Ted Evans, who passed away over the weekend. Evans, who had been battling cancer, joined the Australian Treasury in 1968 and devoted 43 years of his working life to public service ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
Despite global market rebounds, Natixis Investment Managers believes the economic damage of the COVID-19 pandemic will stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees. Plato Investment Management ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
A Chinese-Australian funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
South Korea's KOSPI index has rebounded by 26.5% from the coronavirus-induced plunge that saw it hit an 11-year low of 1457.6 points recorded on March 19 this year - reducing its 2020 year-to-date loss by more than half to -16.1% from -33.7%. Similarly ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

What's next for income-focused funds

KANIKA SOOD  |  THURSDAY, 9 APR 2020
As ASX-listed companies wind back dividends, income-focused equities funds will have to look harder for sources of income. Australian companies paid out about $55.5 billion in dividends last year, according to Janus Henderson. On average, between 1917 ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...