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Showing 981 - 990 of 3871 results for "Point72"

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
A member of Stanford Brown's business development team has landed a national sales role at a firm that specialises in wealth management software for advisers. WealthO2 has appointed Phil Anderson as national business development manager, in a new ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A local boutique is planning to launch Australia's first zero fee exchange traded fund. Pinnacle Investment Management is aiming to bring a zero-fee cash ETF to the ASX, managed by Omega Global Investors and says there may be room to implement the model ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...

AMP Capital revamps ethical super funds

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
AMP Capital announced a series of updates to its ethical superannuation funds - including a new name, enhanced screens and an industry-first advisory committee. Previously known as the AMP Capital Responsible Investments Leaders funds, the funds will ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
The peak bodies representing financial advisers have taken similar positions on the Government's latest round of superannuation reforms. In submissions to the Senate Economics Legislation Committee on the Putting Members' Interests First Bill ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
While not-for-profit funds continue to hold the lions' share of the group insurance market, new research reveals corporate fund members are more likely to take-up default insurance. After examining insurance options available via 220 products, Rainmaker's ...

Russell launches next gen managed accounts

ELIZABETH MCARTHUR  |  THURSDAY, 18 JUL 2019
Russell Investments launched what it is calling a "next generation" suite of multi-asset managed accounts - the first managed accounts offering for the investment giant. The offering comes in response to the growing adviser and investor preference for ...