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Showing 9461 - 9470 of 29084 results for "PRI"

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
A former senior adviser at AustralianSuper will take responsibility for the superannuation sector, after Prime Minister Scott Morrison unveiled a reshuffled ministry. Jane Hume, a former senior policy adviser at Australia's largest super fund, will ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Maurice Blackburn today filed a class action in the Federal Court suing UBS, Barclays, Citibank, Royal Bank of Scotland and JP Morgan. The class action alleges the banks colluded to rig foreign exchange rates during a period between January 2008 and ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...

Boutique hires distribution lead from AMP Capital

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
A boutique Australian equity fund manager has hired a former AMP Capital executive as its investment director to oversee its distribution efforts. Ophir Asset Management recruited George Chirakis as investment director to replace Rob Saunders, who finished ...

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
The savings of retirees can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples need ...

Fund manager creates new investment role

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
A small-cap fund manager has recruited from Challenger to fill the newly-created position of head of distribution and investment operations. Former Challenger state manager John Price has joined Eley Griffiths in the new role after 12 years building ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
New research by UBS found wealth management giants could lose more than 30% of their platform profits even if they undertake "radical cost surgery". The big players' funds under administration have been plagued by leakage to independent platforms, retail ...

PM Capital head of distribution departs

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
The head of distribution at PM Capital has left after almost three years to join a $1.3 trillion global manager's Aussie team. Lachlan Cameron is taking up the role of director - wholesale sales at Invesco. He moves into the role as the incumbent ...

Clients demand multiple advisers: Report

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
Financial advisers can expect to lose clients as they search for more flexible solutions and value in their relationships. This is according to a new wealth management report from EY, which examines why Australians are not leaving their financial advisers ...