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Showing 961 - 970 of 3155 results for "Times"

Perpetual announces new executive hire

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... [Gazal's] enterprise leadership capability and fresh perspective. [Gazal's] extensive global experience leading teams through times of regulatory change to improve governance and efficiency will be a great asset to Perpetual." Gazal said: "I am very ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... have by simply transferring the policies. The court today found AMP contravened section 961L of the Corporations Act six times, incurring a penalty of $5.175 million. The court said the penalty proceeding reflects a "lamentable failure of corporate will ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... Radar Results data showed the valuation gap between high-quality practices and conventional businesses had moved from 0.5 times recurring revenue to 1.5 time recurring revenue. A conventional business is defined as one which holds up to 20% grandfathered ...

Robo-advice to be worth US$1.4 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... million by 2023. "In 2017, there were 13.1 million users with assets managed by robo-advisers. This number has jumped five times to 70.5 million this year, demonstrating 54% year-on-year growth," it said. "The statistics indicate that the number of investors ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... higher than AustralianSuper's - told Financial Standard it will not change its fees. "QSuper has cut admin fees three times in the past five years (0.22% to 0.16%) and we are not currently considering increasing admin fees," a spokesperson said. ...

Overhaul bites Deutsche Bank bottom line

ALLY SELBY  |  FRIDAY, 31 JAN 2020
... losses, such as those occurred during a financial crisis. The bank aims to meet its target of a CET1 ratio above 12.5% at all times during 2022. Deutsche Bank has also been working to reduce its leverage exposure. In the fourth quarter it reduced its ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... It made sense that time, expectations of a halt in the Fed's rate hike proceedings - it hiked the fed funds rate four times in 2018 - turned the US equity market around just after Christmas 2018 that continued until the January 2019 meeting. Mission ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... workers in Melbourne currently living more than 47 minutes away from their work, 32% longer than the state average. Commute times for health and social service workers in Melbourne averaged 56 minutes, 38% longer than the state average for their industry. ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... been significant, with the letter saying: "Even if we requested all contributors to increase their contribution by five times their original donation it would still not be enough." Johnston explained to supporters that grandfathered revenue has already ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... not just so soon as next week. Why wait I ask. Why not get ahead of the curve? As this space has pointed many, many, many times, economies don't operate in a vacuum. Persistent below-target inflation sets in train a nasty chain of reactions from ...