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Showing 81 - 90 of 3406 results for %22Will Banks%22

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... our focus remains on agility so we can respond to a range of market conditions that may emerge," Sawtell-Rickson said. "We will continue to invest responsibly, actively, and maintain a patient, long-term approach designed to provide the best possible ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... resignation after four years at the helm. Peter Anderson, who is also managing director, is to step down on December 31. He will be replaced by head of E&P capital Ben Keeble. Anderson joined E&P in July 2019 as Evans Dixon, as it was previously known ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... of their clients' portfolios. "The new Wealth Accelerator is built on top of existing platform features, so advice firms will continue to be able to access a rich suite of online features, such as sophisticated cash management tools, managed accounts ...

US recession possible, but recovery would be strong: Capital Group

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... sheets are concerned." Therefore, Lind said, it's highly unlikely the fundamental conditions that would cause a recession will eventuate. "It also means that once we've been through this period of slower growth, there are fundamental reasons ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... central counterparties, and a variety of funds including pension funds, hedge funds, and funds managed by asset managers, will be included in the review. "This reflects the wide range of institutions engaged in UK financial markets," it said. "Participants ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
The independent body tasked with reviewing the competency of APRA and ASIC has released a list of draft metrics it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... authorities to take action in order to prevent serious damage to the Swiss and international financial markets," FINMA said. UBS will manage two separate parent banks - UBS and Credit Suisse. Each institution will continue to have its own subsidiaries ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The federal government will scrap a load of administrative burdens and give superannuation funds a larger role in making financial advice more affordable as it announces which out of the 22 Quality of Advice Review recommendations will become a reality ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
... conducted a wide consultation on that process. Treasury is also developing a comprehensive sustainable financing strategy which will be released in the second half of 2023. The strategy will include development of new standards and taxonomy and initiatives ...