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Showing 81 - 90 of 717 results for "Glen"

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
Glenn Stevens has been appointed the next chair of Macquarie Group and Macquarie Bank following the retirement of Peter Warne. Stevens' appointment and Warne's retirement as a voting director on both boards will be effective in May 2022, following the ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... parliament to pass the Bill without delay," she said. Association of Superannuation Funds of Australia deputy chief executive Glen McCrea said legislating the Retirement Income Covenant is a significant step in encouraging the further development of ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
Not taking a hike "It's not time to make a change Just relax, take it easy..." -Cat Stevens, Father and Son The curse du jour that is rising inflation has raised volatility in the bond and equity markets by virtue of the anticipated central bank ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... councils increased rates after implementing smaller rises, rebates or rate freezes last year," ASFA deputy chief executive Glen McCrea said. Over the past year, automotive fuel prices rose sharply (+24.6%), as did the price of motor vehicles (+6.2%) ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
The Financial Adviser Standards and Ethics Authority has opened a round of consultation to amend the wording of Standard 3. Following concerns raised by the industry, FASEA is now asking stakeholders what they want the wording of Standard 3 to state ...

T. Rowe Price to acquire credit manager

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The US$1.61 trillion investment manager is set to take over alternative credit management firm Oak Hill Advisors (OHA). T. Rowe Price will pay US$4.2 billion for 100% of OHA with US$3.3 billion payable at closing, approximately 74% in cash and 26% in ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Family offices back Regal resources fund

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
A small group of family offices have backed a new long/short resources fund from Regal Funds Management to the tune of $90 million. Regal said it was recently approached by a small group of family office clients requesting an ability to gain a singular ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
The Financial Adviser Standards and Ethics Authority said the advice industry is closer to reaching the professional status it is striving to achieve. This is based on new figures FASEA has released to show that advisers are taking educational qualifications ...

Pallas Capital raises $194m

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... across Sydney and Melbourne. "Many of these include boutique residential projects in Melbourne's inner-city suburbs, such as Glen Iris, Toorak, Brighton, Malvern and a commercial project in Richmond with end values that range from about $20 million - ...