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Showing 71 - 80 of 250 results for "Stretch"

BlackRock to drop 500 staff

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... embrace the changes. "We believe these changes allow us to be more nimble and to create more opportunity for people to stretch their responsibilities and drive their careers," Kapito said.

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... the RBA's policy movements also leans towards a cut rather than a lift (whenever that may be). The second longest stretch of steady interest rates is the 18-month period between August 2013 and January 2015 with the cash rate frozen at 2.5% before ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
... take five years. However, it was discovered that inappropriate assumptions were made and a reassessment saw the timeframe stretch to nine years, costing $1.185 billion in total. Wilkins admitted that in the most extreme cases, customers that had been ...

Zurich partners for future of work and insurance

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
Zurich has entered a three-year study partnership with Oxford University to develop a means of ensuring workers are effectively protected and supported in an increasingly fragmented labour market. Working with the Smith School of Enterprise and the ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... AustralianSuper signed the pledge, promising to divest tobacco-related investments last year, it was expecting the process to stretch into next year. "CFS is confident that it will meet the 2020 deadline. We are mandating that our fund managers sell ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged interest rates at that. For sure and for certain, financial markets would hear what they expect to hear from ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
Group insurers are finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance. MetLife head of reinsurance and regulatory affairs James Carey said the ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...