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Showing 8981 - 8990 of 28277 results for "NOT"

Discounted LIC fund opens to all

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... decision to open the fund to all investors is a result of the "specific opportunity" before the fund, with discounts "at levels not seen for years". "It's a very unusual situation, where you can access a wide range of very good LIC managers with ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... to do so and there's no risk to financial stability," said deputy chair John Lonsdale. "Publicising our enforcement actions not only acts as a general deterrent, it gives the community confidence that financial institutions are being held to account ...

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... including comprehensive financial plans. As a result, pressure is increasing on superannuation funds, who Rice Warner claims have not yet "been able to marry the needs of members approaching retirement cost-effectively." With recent advancements in technology ...

Buyback ensures Aussie ownership

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 SEP 2019
... Trust. The Employee Trust acquired two million shares from M&C under the terms of its equity incentive plan. The buyback will not result in any changes to the Moelis board composition or the strategic alliance in corporate advisory services between M&C ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... Lowe's September statement and that of the previous month, but at the end of the day 'twas same old, same old. So as not to reinvent the wheel, here's Factset's summation: Continues to assess global economy as reasonable, with risks tilted ...

UniSuper hires from Janus Henderson

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... firm Tanarra Capital. James Drohan joined Future Fund as an analyst. Andrew Sutherland and Phan Tran's new appointments are not yet known. In the lead up to the announcement in January, another senior analyst at the Janus Henderson team Nick Sladen moved ...

First carbon neutral super fund named

KRISTI CHENG  |  TUESDAY, 3 SEP 2019
... we've embedded carbon reduction initiatives across all of our business operations," she said. She said the fund wants to be not only a responsible investor but also a responsible advocate, and a leader in the action it takes to reduce their environmental ...

FinClear wins trading tech mandate

ELIZABETH MCARTHUR  |  TUESDAY, 3 SEP 2019
... confirmed to Financial Standard that ASX Best is retiring at the end of the month as providing multimarket trading terminals is not core to the ASX's business. The ASX said it is assisting users in the transition and that only a handful of small ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... package: Bundesbank vice-president Lautenschlage said "nein" to QE; Dutch central bank president Knot, thinks the outlook is not weak enough to justify QE but is open to a rate cut; Austrian governor Nowotny's against buying equities for stimulus ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... or exiting the industry is in their members' best interests. "Where trustees fail to respond appropriately, APRA will not hesitate to use its new directions power to protect the interests of superannuation members." Separately, APRA confirmed Prudential ...