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Showing 971 - 980 of 3155 results for "Times"

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... "considerable amount of clearly specified and detailed information" for members of UK pension plans. As reported by the Financial Times, an FCA statement on the matter said the pension plan trustee has moved to rectify the failing. "The FCA pension plan ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... has put the Chinese city Wuhan on the global map, has already spread to 16 different countries according to the New York Times, with 73 cases reported outside of China. Fears of a further proliferation of the virus were heightened after the mayor of ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... headline 11 hours ago. The virus has now spread to 15 countries. Presumably, this has increased while I type with Financial Times writing that: "The "reproduction number" is thought to lie between two and four - meaning that, on average, each infected ...

Beware the retirement trap

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... retiree can expect relative to the age pension (for example, a pension multiplier of 1.5 means that income of one and a half times the government pension can be expected in retirement). For an individual, there is an income range between $174 and $2026 ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... designed as a temporary account that allows customers to transfer the funds to a superannuation fund of their choice. At all times, our approach is guided by the principle of putting clients first," AMP said. As at September 2019, the AMP Eligible Rollover ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... noteworthy because we had the biggest correction in the world 10 years ago, so it teaches us that time heals all wounds, even in times of geopolitical instability." He says investors should take a long-term view going forward. "In the next 10 years the ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
The Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... chart below says that it is. The domestic equity market is currently trading at a price-to-earnings (P/E) ratio of 18.3 times earnings - significantly above its long-term average of 14.3 times. Similarly, the dividend yield of 3.6% on offer is below ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... in the third quarter last year, compared to the US$741 million it made from its active investments. That's nearly 70 times more revenue in passive investments, which would have exposure to some not-so-ethical companies themselves. BlackRock has also ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... forward. I am extremely proud of how we serve our customers, clients and communities globally - we stand by them in good times and in tough times, and work to earn their trust every single day." Dimon plans to retire from the helm of the wealth giant ...