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Showing 10061 - 10070 of 29084 results for "PRI"

BlackRock appoints regional head

KANIKA SOOD  |  MONDAY, 26 NOV 2018
The $9 trillion manager's Asia Pacific business has a new head as its incumbent moves to a global role. BlackRock's current head of corporate strategy and senior managing director Geraldine Buckingham is taking on the APAC head and chair role. ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
Australia's largest financial services institutions all agree - the use of vertically integrated business models in the wealth management arms of banks was not the reason for the industry misconduct exposed in the Royal Commission. In their responses ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
The ups and downs in US equities over the past weeks reminds me of the book, "A Random Walk on Wall Street", authored by Princeton University economics professor Burton Malkiel back in 1973, which posited that: "...short run changes in stock prices ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton said he is in favour of applying the Banking Executive Accountability Regime to senior ASIC staff while being quizzed on the regulator's current governance. After telling Senior Counsel Assisting Rowena Orr that he believes ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
As the Royal Commission turned its attention financial services executives this week, commentators took to twitter to have their say. The evidence in the Royal Commission skillfully examined by star QC Rowena ORR is stunning. Board requested former ...

Adviser-matching app launches

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
The Financial Planning Association of Australia has launched an online tool that helps match potential clients with the right financial adviser. Find a Planner is an app allowing potential clients to control how many financial planners can contact them ...

Advice software founder steps down

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
The founder and managing director of an ASX-listed financial planning software provider has stepped down, with a new chief executive appointed. Mark Fisher has officially stepped down as managing director of Intiger Group following a review of the businesses' ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
In the early months of this year, financial markets were abuzz with speculations that the Bank of Japan (BOJ) would follow the Fed's lead and start implementing an exit strategy. Speculations started to gain prominence as early as January when the ...

Court fines stockbroker $350k

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Federal Court has ordered a stockbroking firm to pay a $350,000 penalty for failing to comply with Market Integrity Rules. In early March 2011, State One Stockbroking placed 19 bids on behalf of a client when it should have reasonably suspected ...