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Showing 10461 - 10470 of 21783 results for "Dec"

Former Sentinel adviser slapped with ban

KERRIE SYDEE  |  THURSDAY, 17 NOV 2016
ASIC has banned a financial adviser and former authorised representation of Sentinel Private Wealth from providing financial services for five years. Stephen Beckton, who was a representative of Sentinel from September 2013 to October 2015, was banned ...

Life insurance revenues down

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2016
The total assets held by life insurers has dropped 23.2% over the past twelve months, as demonstrated by APRA's latest life insurance performance statistics. APRA's report for the September quarter shows total assets fell from $293.5 billion to $225.5 ...

CommSec pays $200,000 penalty

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
CommSec has paid a $200,000 infringement notice penalty after failing to apply a holder record lock to the accounts of a deceased client and entering into unauthorised market transactions following the client's death. The Markets Disciplinary Panel ...

Contango LIC chair departs

ALEX BURKE  |  TUESDAY, 15 NOV 2016
The chair of Contango Income Generator has decided against seeking re-election. In an ASX statement, the board thanked Ian Ferres for his tenure as chair and his contribution to the successful listing of the company in 2015. The statement continued ...

Smart beta performs in Aussie equities

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
The top three performing exchange-traded products dedicated to Australian equities over the past year were smart beta strategies, a new Rainmaker report shows. Rainmaker's ETP Report for the September quarter shows a wide range of outcomes in the past ...

SMSF auditor's appeal upheld

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
The Administrative Appeals Tribunal has overturned an ASIC decision to disqualify an SMSF auditor. In October 2015, Manoj Abichandani was disqualified as an SMSF auditor following allegations from ASIC that he tried to mislead the regulator with untruthful ...

Adviser Ratings secures referral partnership

KERRIE SYDEE  |  TUESDAY, 15 NOV 2016
Adviser Ratings has partnered with Small Business First for an exclusive referral scheme designed to connect Australian small businesses with professional financial advisers. The partnership will leverage Small Business First's reach of 500,000 businesses ...

Goldman Sachs M&A head makes partner

JAMIE WILLIAMSON  |  TUESDAY, 15 NOV 2016
The Australian head of mergers and acquisitions for Goldman Sachs has been promoted to partner. Nick Sims was the only Australian-based employee invited to become a partner from the 84 individuals selected globally. Sims has been head of mergers and ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 15 NOV 2016
Japan GDP Preliminary estimates of Japan's third quarter economy provided a positive surprise. Japanese real GDP growth accelerated to a quarterly rate of 0.5% in the three months to September from 0.2% in the June quarter and more than double market ...

NAB reduces fossil fuel exposure

ALEX BURKE  |  MONDAY, 14 NOV 2016
NAB's new corporate sustainability report positions the bank as the national leader in environmental, social and governance commitments. The 2016 Dig Deeper report promises a material decrease in the use of fossil fuel-based energy and a corresponding ...