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Showing 10951 - 10960 of 22150 results for "Tim"

Investment bonds key to secure retirement

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
If the superannuation draft legislation released last week is passed high net-worth investors may need to consider alternatives to supplement their super such as investment bonds, according to Centuria Capital. Centuria's Neil Rogan, general manager ...

ANZ blames tech and training for bank mishaps

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
ANZ chief executive Shayne Elliott has conceded the bank has not always met the standards it sets for itself or that the community rightly expects. In addressing the House of Representatives' parliamentary committee yesterday, Elliott said: "Each time ...

ETF managers now among Australia's fastest growing

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
Despite the rise and rise of ETF investing, the sector still accounts for just 6% of the indexing market even though some ETF managers are now among Australia's fastest growing investment houses. According to Rainmaker's June 2016 Roundup industry report ...

More poor customer outcomes expected: Narev

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
Commonwealth Bank chief executive Ian Narev anticipates there will be more cases of poor customer outcomes as an independent review of the bank continues. Narev told the ongoing parliamentary committee in Canberra yesterday that while CBA has implemented ...

La Trobe Financial launches retail platform

DARREN SNYDER  |  WEDNESDAY, 5 OCT 2016
Investment specialist La Trobe Financial is targeting retail investors with the launch of its new online platform, La Trobe Direct. The new platform provides investors with the opportunity to invest online and directly in to the La Trobe Australian ...

Adviser commission reforms pushed back

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
The start date to phase down risk commissions is deferred and the Life Insurance Framework (LIF) will apply to all channels of financial advice, Kelly O'Dwyer has confirmed. The Minister for Revenue and Financial Services said the phasing down will ...

Client needs to drive transitioning businesses

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
Advisers must understand the needs of their clients in order to identify the best means of achieving business sustainability in light of recent MDA class order revisions, according to Mason Stevens. The managed accounts provider welcomed the reforms ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
Assuming that saving for retirement is synonymous with superannuation is a mistake according to the Grattan Institute. In its latest research paper the institute claims the assumption is also a trigger behind misguided plans to increase superannuation ...

ING investment in digital to see 5800 job cuts

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
ING Group has announced it will be cutting 5800 jobs in Europe as the bank seeks to reduce costs and invest further in its digital transformation. Speaking at the ING Group Investor Day in Amsterdam, chief executive Ralph Hamers announced an investment ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
Australia private sector credit Reserve Bank of Australia (RBA) figures showed that the annual growth in private sector credit slowed from 6.0% in July to 5.8% in August - the slowest rate since October 2014. Except for the bumps in December 2015 and ...