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Showing 10511 - 10520 of 21783 results for "Dec"

The changing role of ETF model portfolios

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
In a world where markets are volatile and returns are low, the choice of investment products and underlying asset allocation has never been more important in achieving client goals. According to head of SPDR ETFs at State Street Global Advisors (SSGA) ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
ASIC has permanently banned a New South Wales financial adviser from providing financial services. Ashley Howard was banned after an investigation found he had engaged in dishonest conduct, maintained that trading he was conduction was authorised, provided ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
A proposed class action against IOOF has been rejected by the Victorian Supreme Court. Law firm Maurice Blackburn has agreed to orders prohibiting it from proceeding with the proposed law suit, commenced in December 2015 on behalf of tens of thousands ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
The US economy just recorded its fastest rate of expansion since the third quarter of 2014 and at a seasonally adjusted annualised rate of 2.9%, the September quarter's scorecard is more than double the previous period's 1.4% increase and also better ...

PIMCO to take RE in-house

ALEX BURKE  |  MONDAY, 31 OCT 2016
PIMCO has obtained a responsible entity license in Australia and plans to internalise RE for its $10 billion managed funds suite. Subject to unitholder approval, PIMCO will then be the RE for the funds available to Australian investors, including the ...

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Macquarie has reported a net profit of $1.05 billion for the first half of 2017. This figure is down 2% on the prior corresponding period, but up 8% on 2H16. Operating income was up 8% on the previous six months to $5.2 billion. The group has declared ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
Consistent deterioration to the insurance sector has had a significant impact on the AMP wealth protection business and has led to an overhaul of the business. In a bid to address the market condition for wealth protection in Australia, AMP announced ...

Infrastructure critical for super returns

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
Industry Super Funds have called on state and federal governments to be more active in developing partnerships to create infrastructure investment pipelines that will in turn boost economic growth and diversify member investments. New research from ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 28 OCT 2016
Australia export and import prices When the Australian Bureau of Statistics (ABS) released the June quarter National Accounts last September, one notable piece of information was the bureau's mention that "The Terms of trade increased by 2.3% in seasonally ...

Self-auditing SMSF auditor caught in ASIC breach

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
Advisers should be careful when engaging a SMSF auditor following another disqualification by ASIC yesterday. Pierre Jarjoura of New South Wales has been disqualified after the regulator found he had breached independence and audit requirements, determining ...