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Showing 9941 - 9950 of 21783 results for "Dec"

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
From 1 July the Future Fund will have an investment mandate that targets a return of CPI plus four to five per cent. Overnight the Federal Government registered a revised investment mandate for the Future Fund, better reflecting global investment market ...

ESG data creates barrier for Aussie instos

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
About three-quarters of Australian institutional investors are incorporating environmental, social and governance factors in investment decisions. This is a key finding in the latest global study from BNP Paribas Securities Services. In a survey of ...

AI to influence consumer trust: Medcraft

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2017
Businesses looking to integrate enhanced technological capability must consider its future impacts, or else risk creating a greater trust deficit in the financial services industry. That was the warning delivered by ASIC chairman Greg Medcraft in his ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
The S&P 500 index notched another fresh record high overnight - up by 0.3% to 2,404.39 points - and the VIX index dropped to a reading of 10.02 - the market has never been this fearless in more than 23 years (January 1994 when the index read 9.94) - ...

Retail super fund members increasingly satisfied

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
Superannuation fund members with balances less than $100,000 are showing greater customer satisfaction levels among retail funds as opposed to industry fund competitors. Data from the Roy Morgan Single Source survey shows that from more than 30,000 ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
Life insurance companies reported a 146% boost in revenue, but failed to improve bottom line performance in the 12 months to March, according the latest APRA performance statistics. Life insurers' total revenue of $37.9 billion was driven mainly by ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
If Monsieur Benoit Coeure's - member of the executive board of the European Central Bank (ECB) - recent comments are any indication, don't expect any changes in ECB monetary policy settings anytime soon. Coure told his audience at a conference at the ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Top super chief executive named ACSI president

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2017
The Australian Council of Superannuation Investors will welcome a new president and deputy president in August. AustralianSuper chief executive Ian Silk will become ACSI's third president, replacing current president Gerard Noonan (Media Super). LUCRF ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...