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Showing 911 - 920 of 5155 results for "Rest"

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
Federal Reserve chair Jerome Powell flagged that the US Federal Reserve had to raise rates rapidly to mitigate higher inflation, even if that increased recession risks. Speaking at the European Central Bank Forum in Portugal, Powell said: "Our aim is ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5. In a statement, Volt said the decision was made by the board after ...

Underemployment continues steep decline

ANDREW MCKEAN  |  MONDAY, 27 JUN 2022
... million hours not worked, 14.1 million hours that were not worked came from people who preferred additional hours while the rest is attributed to people who had their hours reduced. The headcount underemployment ratio was 10.8% whereas the hours-based ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

Sue Brake to leave Future Fund

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
Future Fund chief investment officer Sue Brake is leaving the sovereign wealth fund for family reasons. Brake has been chief investment officer of Future Fund since December 2020 but has acted in the role since July 2020. Prior to that she was deputy ...

The ongoing evolution of super: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
The Australian Institute of Superannuation Trustees' ASI Conference has returned as a live event for the first time since 2019, with Eva Scheerlinck reflecting on how far the industry has come as it celebrates the 30 th anniversary of the Superannuation ...

Queen's honours highlight industry veterans, ESG experts

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... Allied Employees Association from 1978 to 2014 and is now national president. He is also a previous longstanding director of Rest. Elsewhere, Investors Mutual founder Anton Tagliaferro was recognised for his service to charitable organisations and to ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
The corporate regulator obtained interim orders from the Federal Court to freeze the assets of Sasha Hopkins and two of his companies, alleging he was misleading clients and running a financial service business without a licence. ASIC alleges that Hopkins ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
Cbus and Hostplus have taken out titles at Roy Morgan's annual Customer Satisfaction Awards. Cbus was awarded the Industry Superannuation Fund of the year, while Hostplus won Major Superannuation Fund of the Year. This was the first time either super ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
The investment manager believes the market's current interest rate expectations are too aggressive. In its latest review of the outlook for inflation and monetary policy, Franklin Templeton said it remains of the view that the Reserve Bank of Australia ...