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Showing 9941 - 9950 of 28277 results for "NOT"

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... jobs and incidentally "clean up" the multiple accounts issue, the Commission wants workers to be defaulted once, if they do not have an existing super account and fail to make a choice of their own, it said. The shortlist would be compiled by an independent ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... for innovative new products." "However, we strongly support raising the bar for MySuper products to ensure individuals are not defaulted into poorly performing funds. True competition requires high-performing funds of all shapes and sizes, and we should ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... platform-based superannuation. The Australian Institute of Superannuation Trustees said it is "disappointed" that ASIC has not backed this. "This is critical to enable consumers to compare the fees and costs of MySuper products with the fees and costs ...

Hiring continues but wage growth under pressure

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
The Royal Commission inquiry and the state of the property market has not dampened the financial services sector's positive hiring intentions over the next three months, recruitment firm ManpowerGroup says, but there are challenges. The finance, insurance ...

Andrew Hagger to lead investment, philanthropy group

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... Cancer and Wellness Centre Appeal, founding director of The Wheeler Centre in Melbourne and senior international advisor to Not for Sale, a non-profit looking to combat human trafficking and modern-day slavery. "Minderoo has been a labour of love for ...

Pension fund giant mandates Fidelity

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... 15.56%. Last year, Fidelity's Australian business launched its first ETF and dropped the fees on two of its funds. It does not offer purely passive strategies for institutional investors in Australia. Fidelity manages nearly $420 billion globally ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... the rub. The prospect of steady interest rates as far as the eye can see (or in this case, till 2020) is borne out of the not-so-good tidings for the domestic economy. As the RBA has pointed over the past few months, "One continuing source of uncertainty ...

BlackRock and Microsoft develop retirement platform

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
BlackRock will partner with the global technology giant to develop a new retirement platform. Noting the responsibility for retirement planning now rests with millions of Americans, Microsoft has partnered with BlackRock, and the two global giants intend ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... the increase in numbers on the register, an exodus of advisers is still predicted to occur as early as this year as those not wishing to complete further education look to leave the industry. A shift is also expected to occur in regards to which AFSL ...

MetLife Australia wins tech award

KANIKA SOOD  |  TUESDAY, 8 JAN 2019
... fund and its fund administrator to get client information and build back office APIs. However, the award-winning platform did not use any machine learning or artificial intelligence. The team has done some initial investigations into AI, including into ...