Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 831 - 840 of 2030 results for "Let"

Industry fund takes aim at asset manager diversity

ALEX BURKE  |  TUESDAY, 27 FEB 2018
A $43 billion super fund is reviewing 70 of its local and offshore asset managers to determine where they stand on workplace gender diversity. The reason for this, HESTA chief executive Debby Blakey explained, is the fund is "committed to gender equality ...

Kerr Neilson steps down as Platinum chief

ALEX BURKE  |  FRIDAY, 23 FEB 2018
Platinum co-founder and chief executive Kerr Neilson will hand over the reins to his successor on July 1. Neilson will remain a member of the Platinum investment team and an executive director on the board. In a letter to Platinum shareholders, Neilson ...

Industry fund CIO retires

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
The chief investment officer at a $9 billion industry superannuation fund is retiring after more than eight years in the role. Retiring from Catholic Super is Garrie Lette. He currently oversees the investment arrangements of the fund's $9 billion MyLife ...

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
... (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. Let's give it a little "yay" for still sluggish as it may be, it's higher than market expectations for a 2% increase. Still ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
Doggone! The latest batch of money and credit data out of China would have anyone think that President Xi and Premier Li's promise to reduce financial risks by cracking down on debt, excessive leverage, risky loans (through shadow banking) has gone ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
Commissioner Kenneth Hayne had to repeatedly ask some of Australia's largest financial services businesses to properly explain the nature, extent and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
... slipped to a reading of 59.6 in January but from the record high of 60.6 reading in the previous month. How good is that? Let's hear from Chris Williamson, Chief Business Economist at IHS Markit, himself: "The eurozone's manufacturing boom continued ...

Changing nature of advice to benefit institutions

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... many pre-retiree and retired clients who have insufficiently funded nest eggs needed to maintain their current lifestyles - let alone address the looming longevity gap as more and more mature age Australians are living longer," Tynan said. "These clients ...

Aberdeen LIC internalises management

ALEX BURKE  |  THURSDAY, 25 JAN 2018
Following on from the decision to remove Aberdeen Asset Management as investment manager in October, Aberdeen Leaders Limited (ALR) has named its internalised investment team and unveiled a new name for the listed investment company. ALR chair Brian ...

ASIC's interpretation of best interest duty falls short: FSC

ALEX BURKE  |  THURSDAY, 25 JAN 2018
In responding to ASIC's report on adviser conflicts of interest in vertically-integrated institutions, the Financial Services Council suggested the regulator's interpretation of the appropriateness of advice could use some adjustments. Specifically ...