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Showing 10911 - 10920 of 21783 results for "Dec"

Property funds battle over GMF merger

DARREN SNYDER  |  MONDAY, 6 JUN 2016
Real estate investment trust Growthpoint Properties Australia says continuing its offer to merge with the GPT Metro Office Fund (GMF) via a trust scheme will be challenging as it faces competition for the fund from another investor. Growthpoint said ...

ASIC ban upheld, investment banker jailed

KERRIE SYDEE  |  MONDAY, 6 JUN 2016
The Administrative Appeals Tribunal (AAT) has upheld ASIC's decision to ban a financial adviser from providing financial services for five years. Former Meritum Financial Group adviser, Alfie Chong, was initially banned by ASIC for a range of misconduct ...

UK pensions not fussed about in-housing

MARK SMITH  |  FRIDAY, 3 JUN 2016
While large Australian institutions such as AustralianSuper and HOSTPLUS are increasingly turning to in-housing of their investment capabilities, the UK pensions industry remains fairly comfortable farming out management of its assets to third-party ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
Australia retail sales Australian retail sales slightly missed market expectations for a 0.3% increase in April, growing by 0.2% over the month after rising by 0.4% in March. While a big component of household spending - which, in turn, accounts for ...

Group risk business climbs as individual sales fall

ALEX BURKE  |  THURSDAY, 2 JUN 2016
The latest DEXX&R research suggests in-force group business is on the rise while fewer consumers are purchasing individual products. The DEXX&R Life Analysis Report shows that sales of lump sum risk products fell in the March 2016 quarter to $271 million ...

Top companies still in the dark on ESG

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Corporate advisory firm Company Matters believes there are several companies within the ASX 300 who are coming up short when it comes to ESG disclosure. Company Matters director Janine Rolfe said the recent KPMG analysis of listed entities' disclosures ...

CBA offers more than $4m in compensation

KERRIE SYDEE  |  THURSDAY, 2 JUN 2016
The Commonwealth Bank of Australia (CBA) has offered $4,857,974 in compensation as part of its Open Advice Review program, which has seen over 9000 cases submitted for review. CBA independent expert, Promontory Financial Group, has released its fifth ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 2 JUN 2016
Australia GDP Australia's economic growth accelerated in the first quarter of 2016. Real GDP expanded by 1.1% in the March quarter - up from the 0.7% increase recorded in the fourth quarter 2015 and significantly higher than market expectations for ...

Lack of resources impacting ASIC

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
The latest licensing activity report released by ASIC reveals that the number of Australian financial services (AFS) applications approved was lower than the two preceding periods, citing a lack of staff and resources as one of the main reasons for ...