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Showing 10381 - 10390 of 21783 results for "Dec"

Equities on the nose in 2016

DARREN SNYDER  |  MONDAY, 19 DEC 2016
Investors moving in and out of equities-based managed funds are showing less confidence in the asset class as volatile markets continue alongside sustained political uncertainty. The Equity Preference Index, maintained by Colonial First State Global ...

REST launches online financial advice

ALEX BURKE  |  MONDAY, 19 DEC 2016
REST Industry Super will now deliver online personalised financial advice to its members via a new partnership. Partnering with Midwinter, REST has launched the REST Advice Online platform, based on Midwinter's AdviceOS system. It will allow members ...

ANZ director retires after nine years

ALEX BURKE  |  MONDAY, 19 DEC 2016
An ANZ director retired following the bank's annual general meeting having served on the board for nine years. Former RBA governor and distinguished economist Ian Macfarlane became an ANZ director in 2007; at the time, he also became a director at Woolworths. ...

SMSF satisfaction belies uncertainty

ALEX BURKE  |  FRIDAY, 16 DEC 2016
Even if 75% of SMSF holders report being satisfied with their fund choice, a new UBS/FSC report suggests a lot of uncertainty in the sector about retirement adequacy and government policy. The report is based on a survey conducted by KREAB Research ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
The Federal Government is taking a leaf out of the MySuper playbook, suggesting Comprehensive Income Products for Retirement become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister ...

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
A Sydney financial adviser was banned from providing financial services for three years by ASIC. Keira Jane Keegan, a former representative of Protect Ensure, was banned for recommending SMSF clients invest in financial products issued by Protect Ensure. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
Australia employment There's good news and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.7% in November, the highest rate since August this year and was more ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
ASIC is delivering specific licensing exemptions for eligible fintech businesses, in a move the regulator described as a world-first. Under ASIC's new class waivers, fintech businesses will be able to test certain services without having to hold an ...

Zenith rates CFM diversified alternative beta fund

ALEX BURKE  |  THURSDAY, 15 DEC 2016
Zenith gave a "recommended" rating to an alternative beta fund distributed by Winston Capital Partners. The CFM ISDiversified Trust employs a diversified alternative beta strategy, accruing $47 million in funds under management since its inception on ...

Ombudsman takes on ANZ fairness role

JAMIE WILLIAMSON  |  THURSDAY, 15 DEC 2016
A Commonwealth Ombudsman is entering a newly created role at ANZ in the New Year. Joining as customer fairness advisor, Colin Neave will be charged with improving fairness of the bank's products and services for retail, small business and wealth customers ...