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12 March 2020 • By Sarah Simpkins • 1 min read

Investors calling global recession

The ravaging economic effects of the coronavirus outbreak have caused high probability for a global recession, investment managers have said

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Regulator hires former NAB, QBE exec

The prudential watchdog has appointed its new executive director of its policy and advice division. Renee Roberts has taken the role with APRA, ...

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Virus stimulus won’t block recession, economists say

The government’s $17.6 billion virus stimulus package will not save the country from falling into a recession, economic experts have said, with some ...

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Asset Allocation Week wrap-up: Be cautious and selective to weather the storm

Following our discussions with fund managers this week, it’s clear that caution and being selective about what and where you invest is key to ...

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Trump stimulus backfires

President Donald Trump’s announcement of a $50 billion stimulus package has backfired to spectacular effect, essentially ending an 11-year bull market

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Wealth manager lowers fees on key product

A major wealth manager will lower fees for its super and pension product and launch a new core investment list. MLC’s new core investment list will ...

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Actuaries body picks 2020 president

The industry association has elected a KPMG actuarial and financial risk partner as its new president for the coming year. Hoa Bui has taken the ...

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Life insurer founding chief to retire

The founding chief executive of a life insurance provider has indicated he will retire in mid-2020, after 40 years in financial services

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Government launches virus stimulus

The government’s multibillion-dollar stimulus package will keep “Australians in jobs and businesses in business” as the coronavirus begins to impact ...

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Big four chair brings retirement forward

The chairman of a big four bank is now set to retire at the end of the month. Lindsay Maxsted, chairman of Westpac, will retire from the board on ...

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