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Showing 921 - 930 of 4371 results for "Press"

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
The country hasn't fully opened yet but easing restrictions, increased rate of vaccinations and stronger consumer and business spending combined to speed up the UK's recovery. This is underscored by the latest IHS Markit/CIPS PMI survey. Preliminary ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... corporation for five years. His six years' imprisonment comes with a four-year non-parole period. ASIC commissioner Danielle Press commented: "Financial advisers should always allow clients to have direct access to information about their own investments. ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
National Australia Bank is denying it underpaid full-time employees as part of its ongoing investigation into a payroll bungle, which to date has repaid $55 million. The Financial Sector Union has raised concerns that current and former full-time NAB ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
Australia's economy, just like its US and European counterparts, is progressing nicely, thank you very much. "Australian private sector growth eases from record but remains elevated," sums up Markit Economics' findings for the month of May. ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
A specialist managed accounts platform has cut the administration fee on its superannuation offering. Wealth02 lowered the admin fee on its Super Simplifier by 3.3 basis points, capping fees at $1760 per member or $3630 across six family members. The ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. ...

Super fund whistleblower policies lacking: ASIC

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... published widely. Speaking at the Conference of Major Superannuation Funds in Adelaide on May 20, ASIC commissioner Danielle Press called attention to drawbacks in whistleblower policy requirements that came into effect earlier this year. "Close to half ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... responded to in 45 days. Speaking at the Conference of Major Superannuation Funds (CMSF) on May 19, ASIC commissioner Danielle Press shared the results of ASIC's survey of trustees' readiness for the changes which come into effect in less than ...