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Showing 811 - 820 of 14039 results for "Down"

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
... of Swiss Re (Life & Health and Property & Casualty) and Australian Philanthropic Services (APS). Swinhoe recently stepped down as chair of Mercer Super, a role she'd held for a decade. She's also a former non-executive director of Suncorp Superannuation. ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... takedown service - its current contract expires in 2025. The request for tender seeks a service which will identify, take down and provide intelligence on investment scam and phishing websites for up to five years. The service the regulator seeks will ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... Senate Community Affairs References Committee. Following 258 submissions and seven public hearings, the committee handed down its report this week, making 25 recommendations in total. Chief among the recommendations, the committee wants to see the Department ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... their superannuation fund," Court said. A Rest spokesperson, meanwhile, commented that the fund welcomes the decision handed down by Federal Court to dismiss the proceedings. "As a profit-to-member super fund, Rest has at all times sought to act in ...

BlackRock revamps private credit business

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... Rich Kushel, head of Portfolio Management Group, reads. Jim Keenan, global head of BlackRock Fundamental Credit, will step down and Stephan Caron, who currently leads the European private debt business, will take over leadership of the new business as ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... number of 625,609. The number of wind-ups of SMSF accounts have also dropped significantly, only seeing 1197 accounts shutting down in FY24 (missing Q4 data), comparing to 12,436 in the previous year. Steele said the trend could prove opportunistic for ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
The former director for Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... of secular trends. Factors such as aging demographics, slowing productivity growth, and increasing inequality have pushed down real interest rates for decades, and we don't think these forces have gone away. "We expect the low interest rate regime to ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... from 28% to 32%. Within asset classes, the option will invest more in Australian shares, from 24.5% to 27%. It will tone down its international shares exposure from 35.5% to 31%, as well as its private equity investments from 5% to 3%. Cash exposure ...