08/24/2020
People are living longer and don’t have enough saved up for post-retirement life, posing challenges to the adequacy and sustainability of pension systems around the world, she says.
08/24/2020
The listed platform provider has entered into an agreement with a boutique wealth management group that will see it deliver administration services across $750 million worth of client funds.
08/24/2020
The Commonwealth Bank’s announcement to the Australian Securities Exchange (ASX) said CFPL and FWL were reviewing the claim and an update would be provided as required.
08/24/2020
The changes are largely in line with the proposals in the earlier consultation, save for SEHK’s proposal to maintain the existing eligibility exemption available for state corporations.
08/24/2020
Deal comes as Beijing government looks to open up the financial market to foreign companies
08/24/2020
This is an additional $295.9m in compensation payments
08/23/2020
Shareholders of Bharti AXA will receive two shares of ICICI Lombard for every 115 shares
08/21/2020
A resurgence of virus infections in several areas is threatening to choke the recovery and could flatten growth in the second half of 2020 and beyond.
08/21/2020
The regulator also alleges RI Advice failed to implement adequate policies, systems and resources to manage cyber security risk.
08/21/2020
In May, BOK (Bank of Korea) wrote to the CEOs of private financial institutions urging them to take action to prepare for the discontinuation of LIBOR at the end of 2021.
08/21/2020
Figures from the Association of Superannuation Funds of Australia show there were around 500 funds with A$2.7 trillion of total assets as of March 2020.
08/21/2020
«We hope that this will continue to spur developments in sustainable financing across industries and real estate asset classes in the region,» Elaine Lam, OCBC's head of global corporate banking, said about the landmark loan.
08/21/2020
This will be the first time since 1997 the pension hasn’t risen with indexation.
08/20/2020
Baker McKenzie is one of the world's largest global law firms, with 77 offices in 46 countries.
08/20/2020
Nationwide, Japan’s business culture is oft-cited for a plethora of relatively outdated processes like the still widespread usage of fax or paper-heavy internal dealings.
08/20/2020
Trade frictions, a resurgence of Covid-19 infection rates, and rising corporate insolvency and credit rating downgrades could prompt renewed US dollar funding stress, says a new report.
08/20/2020
“We are very pleased that Craig and Tim have chosen Powerwrap and we are working closely with them to transition their clients onto the platform.”
08/20/2020
Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.
08/20/2020
Fraudulent activity brought on by Covid-19 related initiatives may result in enforcement actions later in the year and into 2021, says Fenergo’s Rachel Woolley.
08/20/2020
The firm also wants to see all communications between Burns and AMP and AMP's lawyers regarding Szlakowski's complaint and the investigation, a copy of the draft report and all documents relating to the disciplinary action taken against Pahari.