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Showing 901 - 910 of 2575 results for "Treasury"

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... retirement income products or Comprehensive Income Products for Retirement (CIPRs) and strategies prior to 1 July 2019. While Treasury opened the proposal for consultation, the covenant was ultimately put on the back burner. In late 2018, then Assistant ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... sales and marketing, before a two year stint as an investment research manager. Former Assistant to the Minister for Treasury and Finance Sector Senator Zed Seselja will remain partially responsible for financial services in his new role as Assistant ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
... and risks inherent within the current model," Calastone said. Early adopters include Bravura Solutions, RBC Investor & Treasury Services, Seven Investment Management, Multrees Investor Services and Tilney Investment Management. Calastone chief innovation ...

RBC I&TS Australia lead departs

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2019
The managing director of RBC Investor & Treasury Services in Australia has departed, with a new general manager role introduced. After a decade with the custodian, David Travers has left RBC Investor & Treasury Services. A spokesperson confirmed the ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
... iron ore prices makes this time's promise of a Budget surplus workable. In working out its 2019/2020 Budget, the Treasury assumed the "iron ore spot price falling over the year to reach US$55 per tonne free-on-board (FOB) by the end of the March ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... a diversified portfolio of that size would be just over $10,000. The $83,454 figure the Alliance refers to comes from Treasury modelling and excludes many in the workforce. It only refers to full-time workers not taking into account the 46.3% of women ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... markets dropped. The S&P 500 index and the Dow closed 2.4% lower with the Nasdaq diving by 3.4% overnight. Ten-year US Treasury bond yields declined by 5 bps to 2.4% - its lowest level since March. The VIX index (the fear gauge) jumped by 28.1% to a ...

Industry super fund appoints new chair

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... chair in July 2010 and has been a director since July 2007. His career began in law and then moved to banking investment, treasury, asset management and stockbroking. After financial services, Haddock worked in several non-executive directorships and ...

APRA amends member outcomes standard

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
... outcomes framework to complement the new Bill that passed in April and is now seeking consultation. Following the passage of Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No.1) Bill 2019, APRA is amending ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... says that the new legislation could result in fewer choices being available for investors. The law in question is The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Power) Bill 2019 (Act), which was passed on April ...