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Showing 10181 - 10190 of 21783 results for "Dec"

Private equity sector resilient

KARREN VERGARA  |  FRIDAY, 3 MAR 2017
Private equity remains resilient despite experiencing a global economic rollercoaster in 2016, according to new a report from Bain and Company. Fundraising and exit activity remain strong, while returns outperformed public markets over the short and ...

Super doesn't need tender system: ASFA

DARREN SNYDER  |  FRIDAY, 3 MAR 2017
The Association of Superannuation Funds of Australia is urging the Productivity Commission to reject the consideration of adopting a Chilean-style tender process for default super in Australia. ASFA's latest research paper says adopting the Chilean ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
The Commonwealth Bank will review its payments to part-time employees over the past eight years to determine if any are owed unpaid superannuation entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the ...

Instos unclear about ETF value

KARREN VERGARA  |  FRIDAY, 3 MAR 2017
Australian institutional investors are in the middle of an education process when it comes to figuring out what an ETF is, how it works, and how it will benefit them, iShares head of fixed income strategy Matthew Tucker said. Retail and wealth investors ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
Along with household consumption, exports were the biggest contributor - both adding 0.5 percentage point -- to Australia's faster-than-expected 1.1% expansion in the fourth quarter of last year (expectations were for a 0.7% gain), that took the annual ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The Australian Securities and Investment Commission is taking Westpac to the Federal Court for allegedly breaching home-loan responsible lending practices. Between December 2011 and March 2015, the regulator claims Westpac failed to properly assess ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The custody and administration sector grew 5.2% between June and December 2016, the latest figures from the Australian Custodial Services Association show. Assets under custody (AUC) for Australian investors reached $3 trillion for the first time, with ...

Australian Unity enters trustee services

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2017
Marking the first trustee financial services licence issued in more than two decades, Australian Unity has launched its trustee services business. Revealed in the group's interim results, Australian Unity Trustees will provide estate planning, trustee ...

YBR partnership drives wealth renewal

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2017
In transforming its wealth division Yellow Brick Road will work with an industry software provider to benefit its network of franchisee owners. YBR will roll out Rubik's scaled advice software Provisio to its franchisees, enabling them to write 80% ...

Human Super pitches product designed for women

EMMA RAPAPORT  |  THURSDAY, 2 MAR 2017
Human Super, the latest superannuation product specifically crafted for women, will soon launch in Australia. Co-founded by Mike Walpole and Kuba Tymula, the product hopes to reach out to women who the co-founders see as massively underserved by the ...