Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 9701 - 9710 of 29084 results for "PRI"

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
The UK has green flagged a new type of pension scheme on the back of union demand, joining Denmark and Netherlands which use a similar system. The new collective defined contribution (CDC) will allow employers to pool together group contributions while ...

Boutique manager makes executive changes

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
A $330 million fund manager appointed a new chief operating officer, while its chief financial officer has resigned. David Addis is the new chief operating officer of property fund manager GARDA Capital Group effective March 18. Addis was previously ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

Industry fund executive takes new role

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
The chief risk and compliance officer of an industry superannuation fund managing more than $6 billion has made the move to a bigger fund. Vision Super is welcoming Nikki Schimmel to the fold, after the former LUCRF chief risk and compliance officer's ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
AMP has announced a series of fee reductions for users of its MyNorth platform. The reductions in fees should result in savings for the more than 85,000 customers who currently use MyNorth. The reductions will include lower administration fees across ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Westpac exits personal advice, restructures leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
Westpac is realigning its wealth strategy and BT Financial Group will cease as a standalone division. The group has also agreed to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. ...

QIC acquires European airport stake

KANIKA SOOD  |  MONDAY, 18 MAR 2019
QIC has partnered with a Dutch pension giant to acquire 36% of a European airport. The APG-QIC consortium transaction sees the Brisbane-based alternatives manager and the Dutch pension fund investor take a 16.8% interest in the Brussels airport. The ...

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
The Reserve Bank of Australia says the economy faces an "abrupt" blow to financial stability from climate change. In a speech, RBA's deputy governor Guy Debelle said climate change will likely have a permanent effect on the Australian economic landscape. ...

Deputy chief executive departs industry fund

HARRISON WORLEY  |  MONDAY, 18 MAR 2019
The deputy chief executive of a $5 billion industry superannuation fund has departed. Media Super confirmed the departure of deputy chief and general manager of operations, Michael Rooney. Rooney - who has served the fund for 16 years, including five ...