Search ResultsShowing 21 - 30 of 100+ results for "December 2014"
ASIC bans adviser over super theft
ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
ASIC has banned a financial adviser who stole clients' superannuation savings. Daniel McSweeny was banned from managing companies for five years after ASIC determined he disregarded his duties as a director. Last year he was charged with 20 ...
Sunsuper, corporate super fund merge
JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2019
Sunsuper has completed another merger, integrating a 74-year-old corporate superannuation fund. CBH Super, the Perth-based corporate super fund of the CBH Group, was merged into Sunsuper on April 29. It marks Sunsuper's fourth merger in the ...
Chief economist update: RBA to take rates to fresh record low
BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The ...
Calastone blockchain goes live
KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure ...
Chief economist update: Devilish details
BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
It's still a month away, but when the policy board of the Bank of Japan (BOJ) meets to assess the state of the economy and its monetary policy response on 19-20 June, it could claim the economy is progressing as printed at its meeting in April. ...
Blue Sky enters receivership
KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring ...
Lifecycle fails to woo industry super
KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle ...
FASEA reveals exam dates
HARRISON WORLEY  |  FRIDAY, 17 MAY 2019
The Financial Adviser Standards and Ethics Authority is calling for registrations to sit the first round of adviser exams. Financial advisers who wish to sit the inaugural FASEA exam have until May 31 to notify the body of their intention to do so. ...
Beware: Zombie ETFs
KANIKA SOOD  |  THURSDAY, 16 MAY 2019
Almost 200 exchange traded funds now trade in Australia, but not all have tickled investor appetite, with several plodding along like zombies, Rainmaker research shows. Opening Financial Standard 's annual Best Practice Forum on ETFs in Melbourne ...
Chief economist update: Low unemployment, low wages growth conundrum
BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
"Annual wages in seasonally adjusted terms grew 2.3% for the third quarter in a row. The main contributors to growth over the quarter were regularly scheduled wage rises in the health care and social assistance and education and training ...
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