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Showing 8751 - 8760 of 29084 results for "PRI"

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
"And so happy Christmas (War is over) For black and for white (If you want it) For yellow and red ones (War is over)..." - John Lennon Well, the trade war's not completely over, but the financial markets' rally on news that a phase one deal ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has commenced proceedings against TAL Life in the Federal Court over one of the cases referred to it by Royal Commissioner Kenneth Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC ...

Where to invest when a GFC looms

KANIKA SOOD  |  MONDAY, 16 DEC 2019
More than half of the world's biggest money managers think another GFC will strike soon yet they don't plan to fiddle much with their asset allocations in 2020, according to a new survey of 500 institutional investors. Natixis Investment Managers surveyed ...

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
Ord Minnett has confirmed its chief executive has resigned from his role at the helm of the wealth management giant, after leading the firm for 10 years. Tim Gunning joined Ord Minnett in 2009 as chief executive and managing director and was responsible ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
A $110 billion superannuation fund has appointed a new chair as it continues to sound out another fund for a potential merger. Don Luke is taking over as the chair of QSuper as incumbent chair Karl Morris steps down after two terms. Luke was most recently ...

J.P. Morgan secures mandate extension

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
A $12 billion industry superannuation fund has signed a five year contract extension with J.P. Morgan to continue its custody services mandate, after a formal open-market tender process. Local Government Super said significant growth and structural ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
The superannuation industry will undergo profound changes that will see it grow to become a $7 trillion market ($4.8 trillion in today's dollars) by 2034. But it's not all good news for the retail sector. That's according to the latest report from actuary ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
The Commonwealth Bank of Australia will commence payments of a further $14.9 million as employee underpayments surpass $53 million. The bank said it has notified and repaid approximately 41,000 current and former employees, leave balances have been ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Pendal family office lead moves to boutique

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
Pendal's head of family offices has moved to Phil King's alternatives house Regal Funds Management as the latter restructures its distribution team. Rob Saunders has taken on the role of Regal's head of wholesale and family office, including ...